The delegation from the French-Myanmar Business Council and the ASEAN Committee of MEDEF International (Mouvement des Entreprises de France) visited Nay Pyi Taw and Yangon to explore potential investment opportunities in Myanmar.
The French delegates met with Myanmar State Counselor Daw Aung San Suu Kyi, Union Minister for Planning, Finance and Industry U Soe Win, Union Minister for Investment and Foreign Economic Relations U Thaung Tun, Union Minister for International Cooperation U Kyaw Tin, and senior officials from the Ministry of Foreign Affairs on 5th Feb in Nay Pyi Taw.
The meeting was discussed about Myanmar’s investment climate and economic reforms as well as potential for cooperation between the two countries around trade, agriculture, energy and infrastructure.
They also met business people at a business matching event at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in Yangon on 3rd Feb. French Ambassador to Myanmar Christian Lechervy said the meeting aimed to explore investment opportunities between the two countries, encourage interaction between private-sector players, and promote opportunities through business relations.
The 20 delegates represented businesses in energy, water, transportation, infrastructure, banking, micro-finance and trade.
According to the UMFCCI, French investors are interested in the energy, railway and transportation sectors and the construction of ports in Myanmar.
Sources: The Irrawaddy, UMFCCI
photo credit to UMFCCI
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