Chin State Investment Fair will be held in Yangon

Chin State Investment and Product fair will be carried out on 16^th and 17^th March at Myanmar Convention Center in Yangon. It is organized by Chin State government, Chin State Chambers of Commerce and Industry, Myanmar Investment Commission, Dana facility and VDB Loi. Organizers have invited more than 500 representatives to attend. The participants include local companies, foreign firms, as well as international organizations and diplomats. Agriculture, Livestock, Electricity Generation, Hotel and Tourism are most potential sectors in Chin State according to U Aung Naing Oo, the secretary of Myanmar Investment Commission (MIC) on 19^th February. Myanmar Investment Commission (MIC) laid out tax exemption periods based on level of development in 2017 – seven years for investors in less developed regions, five years in moderately developed regions, and three years in developed regions. The Chin State Chamber of Commerce and Industry propose the government to raise tax-exempt period to 10 years in purpose of attracting more local and foreign investors.