SMEs Sector: Coordination Meeting For SMEs Development

The Centre for Small and Medium Enterprise (SME) Development held a coordination meeting.

In the meeting, Vice-Chairman of the SME Development Committee Union Minister for Industry Dr. Charlie Than said that the world is facing many economic, social and health problems due to the COVID-19 pandemic. The State Government is implementing the COVID-19 Economic Recovery Plan (CERP) in a timely manner.

The Working Committee for Remedial Works on Economic Impacts of COVID-19 has disbursed low-interest COVID-19 loans to 6,333 businesses. He called for discussions on the development of SME businesses.

The Deputy Minister for Industry and the Director-General for Industrial Supervision and Inspection explained the SMEs development activities including reorganization of support groups, Fund Management Group, Business Review and Coordination Implementation Group and agencies and future plans.

Also, those involved in the SME development processes discussed the measures to be taken and the Union Minister made concluding remarks.

Later the day, the Union Minister met Ayeyawaddy Region Chief Minister U Tin Maung Win and ministers of the regional government and discussed the status of operation, raw material requirements and current situation of human resource development of the industries in the region. The chief minister pledged to provide assistance in the resumption of the industrial operations.

Also, the Union Minister and Ayeyawaddy Region Economic Minister U Tin Aye inspected the Glass Production Division (Pathein) and gave necessary instructions.