MSME Development: Winners of MSME Products Competition awarded

Winners at the Union Level MSME Products Exhibition and Competition were awarded at a ceremony on Friday, with the attendance of Vice Chairman of the State Administration Council Deputy Prime Minister Vice Senior General Soe Win.

A total of 193 business owners participated in the MSME Products Competition, which included seven categories: Micro-sized Product Award, Small-sized Product Award, Medium-sized Product Award, One Region One Product Award, Cooperative Manufacturing Performance Award, and Small-Scale Handicraft and Industrial Product Award.

In total, 63 awards were presented to entrepreneurs across these categories, with the cash rewards of 75 million kyats. The Union-level MSME Product Exhibitions and Competitions aim to continuously enhance the quality of MSME products and services.

The event also focuses on fostering regional collaboration, helping businesses meet each other’s production needs, identifying weak and strong points in business processes, and encouraging success in One Region One Product ventures. Furthermore, the competition supports the growth of MSMEs, strengthens linkages with both internal and external investors, and awards model MSME products to encourage long-term business sustainability.