Director General, U Thant Sin Lwin attended the Dialogue for Further Economic Cooperation between Korea and Myanmar and discussed with Korean Investors investing in Myanmar

Director General, U Thant Sin Lwin attended the Dialogue for Further Economic Cooperation between Korea and Myanmar and discussed with Korean Investors investing in Myanmar

Posted on 15 November 2021

(November 15, Yangon)

The Director General for Directorate of Investment and Company Administration (DICA), U Thant Sin Lwin accompanied by Deputy Directors General and Directors of DICA, attended the Dialogue for Further Economic Cooperation between Korea and Myanmar with the intention to enhance the economic cooperation between two countries at Lotte Hotel in this morning.

At the dialogue, the Minister, Mr. Hahm Jeonghan of Korea Embassy, the Director General for Directorate of Investment and Company Administration, U Thant Sin Lwin, the chairman of the Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) and the chairman of Korea Chamber of Commerce and Industry (KOCHAM) delivered the opening speeches for this dialogue.

After that, the attending Korean Investors investing in Myanmar discussed openly about issues regarding Visa, Banking and Finance, Labour, Rules and Regulations of investment related departments, encountered difficulties, investment facilitation.

Regarding the discussions of the attendees, the Director General replied extensively that DICA will resolve the issues that can be handled by the department immediately and cooperate with other departments concerning the issues that are related to other departments. He also focused that investors need to keep in touch with DICA since DICA strives to become the trusted partner for economic community.

Then, the chairman of UMFCCI and responsible personnel discussed openly regarding the cooperation situations between economic communities of Korea and Myanmar. This dialogue is attended by around 50 Korean investors investing in Myanmar.