17 Feb UK show to highlight Myanmar investment opportunities

Written by Mizzima Published in Investment Read 2491 times
Participants at the recent workshop run by UK Trade & Investment Burma on 'Social Investment in the Extractive Industry'.  Photo: Foreign Office news on Burma
Participants at the recent workshop run by UK Trade & Investment Burma on 'Social Investment in the Extractive Industry'.  Photo: Foreign Office news on Burma

UK Trade and Investment Burma and the British Chamber of Commerce are set to host the “Myanmar Investment Summit” in London on February 19 to showcase investment opportunities in Myanmar to British companies and investors.

The summit is expected to be attended by representatives from more than 200 British companies across a range of sectors, according to a press release received February 16.

The event will offer participants the opportunity to learn about the latest economic and political developments in Myanmar as well as practical guidance on doing business in the country.

Speakers will include U Set Aung, deputy governor of the Central Bank of Myanmar, U Aung Naing Oo, secretary of the Myanmar Directorate of Investment, and Ms Stephanie Ashmore, executive director of the British Chamber of Commerce.

Ms Ashmore, said: “The British Chamber of Commerce Myanmar is pleased to be supporting this event and I’m confident it will provide valuable insights into the rapidly evolving investment environment Myanmar presents. The Chamber has been active in Myanmar for seven months and its purpose is to support business links between these two countries. Events like this summit are an important part of this process.”

Ms Lisa Weedon, director of UKTI Burma, said: I’m really excited about this summit – it offers British companies an opportunity to learn about the reality of doing business in Burma from a superb range of speakers. I hope this summit will encourage even more British businesses to take the plunge and do business here.”

According to the press release, a range of expert panellists from Myanmar and the UK “will lead frank and wide-reaching discussions, which will aim to highlight opportunities and dispel common misconceptions about doing business in Myanmar.”

Practical advice on working with local partners will also be offered, as well as insights into specific sectors such as energy and education.

Since the suspension of EU sanctions in April 2012, the British government has been encouraging responsible, sustainable and transparent business in Myanmar.

Parliamentary Under Secretary of State for Business, Innovation and Skills and Minister for Intellectual Property, Baroness Neville-Rolph, will open the summit.

The event is to be held at the offices of Allen & Overy in Bishops Square in London.

UKTI Burma was established in July 2012 and to date it has hosted eight trade missions and offered support to over 400 British companies.

Last modified on Tuesday, 17 February 2015 12:59