Myanmar welcomes joint-venture investment
Yangon yesterday proposed that Bangladesh set up joint-venture industries and agricultural farms in Myanmar utilising its huge workforce and Myanmar's abundant land.
Myanmar Ambassador Phae Tham Oo made the proposal when he called on Industries Minister Dilip Barua at his office and discussed bilateral issues, including Rohingya refugee problem, maritime-boundary disputes and transport facility for mutual benefit.
"If Bangladesh sets up its world-standard industries like textiles, ceramics, medicines and jute in Myanmar through transferring their technology, both the neighbouring countries will be gainer economically," the envoy said.
He stressed the need for resolving the current disputes between the two countries, including Rohingya refugee problem and maritime-boundary dispute, through mutual understanding.
The ambassador also stressed strengthening South-South cooperation for enhancing socioeconomic conditions of Bangladesh and Myanmar.
Speaking during the meeting, Dilip Barua said the two neighbours would able to develop their industrial sectors through introducing smooth and easy rail and road transport networks.