SAC Vice Chairman Deputy Prime Minister Vice-Senior General Soe Win delivers speech at meeting 1/2024 of Industry and Industrial Zone Development Central Committee
Nay Pyi Taw May 29
The Industry and Industrial Zone Development Central Committee held meeting 1/2024 at the hall of the Ministry of Industry in Nay Pyi Taw this afternoon, with an address by Chairman of the Central Committee Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win.
Also present at the meeting were central committee member Union ministers, the Chief Minister of Magway Region, deputy ministers, departmental heads and officials.
First, the Vice-Senior General delivered a speech, saying that as this meeting is the first of its kinds of the central committee, the meeting aims to adopt plans for successful implementation of industries and industrial zones in accord with industrial law and rules. It is necessary to systematically establish industrial zones under the economic development framework of the State with investment of local and foreign businesspersons.
Moreover, the meeting is aimed at leveraging up networks of industrial zones, systematically managing nature and social environmental managementbased in industries, energy management and human resource management in accord with the relevant laws, rules, procedures and standards, using allocated land plots of industrial zones for adopting policies for economic development of the State and laying down future tasks.
The law related to industrial zone was released on 26 May 2020 and its rules on 2 April 2024 in accord with the agreement of the Union government. Likewise, the State Administration Council issued notification 98/2024 to form the Industry and industrial developmentcentral committee. So, the central committee has to discuss future tasks to be implemented. Moreover, the topic on implementation of small-scale industrial zone submitted by Magway Region government will be discussed.
So far, Myanmar has established 28 main industrial zones and 53 branches in addition to five industrial wards. Two more industrial zones are under establishment. It is necessary to develop the already set up industrial zone and manage them with amending the points not in compliance with the law and by law on one hand. The central committee needs to form establishment of local industrial zones and formation of supervisory committees. Only when the committees have been formed will industrial management committees be set up. Moreover, management offices must be formed to operate the industrial zones as usual. Only when the funds can be set up in accord with the industrial zone law and bylaw will all works achieve success.
The central committee needs to adopt policies and solve difficulties. The local industrial zone establishment and supervisory committee and regional governments have to supervise successful implementation of the already set up industrial zones and further zones, and the industrial zone management committees are play a key role in these measures.
As such, deserved persons must be formed in the supervisory committee and management committees to achieve success in work process. So, region and state chief ministers need to choose proper persons to be assigned. As some industrial zones, branches and industrial wards are complicated with public residences, it is necessary to seek the solutions for these measures under the industrial zone law and bylaw.
Moreover, new industrial zones to be established in regions and states must be implemented in accordance with rules and regulations. It is an opportunity to take proper measures to promote exports in respective industrial zones and in new industrial zone in accordance with economic objectives adopted by the SAC to invigorate Micro-, Small- and Medium-Sized Enterprises (MSMEs) for the fortification of the export sector, leveraging the momentum of the thriving economic landscape.
It is necessary for construction and supervisory committees of respective industrial zones to monitor whether permitted industries are actually carried out in industrial zones set up for similar industries. As the industrial zone plan submitted in Magway Region has an area of less than 500 acres allocate, it is a small industrial zone and it is necessary to allocate land to main industry groups to produce value-added products from oil crops, pulses and beans and cotton. It is necessary to place emphasis on and implement the instructions of the Prime Minister to place emphasis on self-sufficiency of edible oil domestically as the country has to import it annually and to manufacture value-added products if value-added textile products from cotton can be produced, and to take measures for self-sufficiency of dairy products and to construct new dairy factories at the coordination meeting to boost production of oil drops, industrial crops and dairy products held at the Office of the Chairman of the SAC on 16 February, 2024. It is also necessary to submit a new proposal to establish a new industrial zone in Magway Region again as the original plan failed to cover cotton and textile and oil crop industries.
As the country is implementing the market economy, it is necessary to sufficiently manufacture products needed in the country and to support the needs of investment projects. There are special economic zones and industrial zones in the country. Although they are similar economic zones, their types are different. Therefore, it is necessary for industrial zones managed by regions and states to implement tasks successfully in the same way as Thilawa Special Zone in accordance with the laws, rules and regulations of industrial zones and success can be achieved by understanding the laws, rules and regulations and observing them.
Then, Secretary of the Industries and Industrial Zones Development Central Committee Deputy Minister for Industry U Yin Maung Nyunt and Chief Minister of Magway Region U Tint Lwin read out reports submitted to the central committee. Then, Vice Chairman of the central committee the union minister for industry reported to the meeting on the history of industrial zones in Myanmar, matters related to drafting industrial zones laws and rules and regulations, management of them and tactics for industrial development.
Afterward, members of the central committee union ministers and the deputy minister reported to the meeting on tasks to be carried out successfully in accordance with the industrial zones laws, rules and regulations in respective sectors.
Afterward, the Vice-Senior General coordinated the needs of the reports and the meeting came to an end with concluding remarks by the Vice-Senior General.