CHANGE is in the air of my country. Our new civilian government is busying to meet incoming several ministers from the west and region. Myanmar's leaders are experiencing this new trend like never before. Foreign investment companies are trying to seek an opportunity in our land. Some are cautious while some think no better time to invest in Burma. Some government are sending several delegates to assess our improvement. The oldies like China and Thailand may have worried with the flow of westerner to gauge our reform. Anyway, anyhow, nobody can deny that Myanmar is on the road of democratic. It make some companies and countries rush to engage with our authority to get permit for their investment. It's obvious that no government could able to create enough jobs without FDI. Thus, our government would pave a way to welcome such investment if they are right and worthy investor.
Today, there is a news related to Myanmar's development. It states that Asian firms in pole as Myanmar beckons in title. The news highlighted that Singapore-listed Yoma Strategic Holdings last week announced plans to develop a project known as Star City, near Yangon, that will include housing estates and shopping malls. One head of Singapore law firm commented that "Myanmar presents a relative low-risk, high-return proposition that is hard to ignore". He continue to say that "I've had queries from corporate clients in infrastructure and construction who are keen to explore Myanmar for the simple reason it presents a compelling high investment growth strategy". Japanese businesses are among those looking to expand, and the two governments agreed last month to start talks on an investment pact.
What a good news for my country is it? I am pretty happy to see such positive news. Usually I could able to see my country news as a negative one. This time, the local newspaper is highlighting a good part of our country. I hope our leaders will able to magnet FDI so they can decrease our human resource loss to neighboring countries in future. Who will want to go outside country if they can find a proper job within home land? Being foreign worker myself, it is hard to see educated workers from Thailand, even Vietnam here. It suggest that their educated workers are able to find a good job in their country and no need to go out abroad. For us, it's inevitable to find greener pasture in abroad as it's not possible to get a suitable job. I do believe, we all could return our homeland sooner than later if our government keep changing policies in positive way to lure potential foreign direct investment both in technology and dollars.
May our leaders wise enough to choose the best possible business partner from apparent opportunist ones.
Today, there is a news related to Myanmar's development. It states that Asian firms in pole as Myanmar beckons in title. The news highlighted that Singapore-listed Yoma Strategic Holdings last week announced plans to develop a project known as Star City, near Yangon, that will include housing estates and shopping malls. One head of Singapore law firm commented that "Myanmar presents a relative low-risk, high-return proposition that is hard to ignore". He continue to say that "I've had queries from corporate clients in infrastructure and construction who are keen to explore Myanmar for the simple reason it presents a compelling high investment growth strategy". Japanese businesses are among those looking to expand, and the two governments agreed last month to start talks on an investment pact.
What a good news for my country is it? I am pretty happy to see such positive news. Usually I could able to see my country news as a negative one. This time, the local newspaper is highlighting a good part of our country. I hope our leaders will able to magnet FDI so they can decrease our human resource loss to neighboring countries in future. Who will want to go outside country if they can find a proper job within home land? Being foreign worker myself, it is hard to see educated workers from Thailand, even Vietnam here. It suggest that their educated workers are able to find a good job in their country and no need to go out abroad. For us, it's inevitable to find greener pasture in abroad as it's not possible to get a suitable job. I do believe, we all could return our homeland sooner than later if our government keep changing policies in positive way to lure potential foreign direct investment both in technology and dollars.
May our leaders wise enough to choose the best possible business partner from apparent opportunist ones.
May our leaders wise enough to choose the best possible business partner from apparent opportunist ones. ;)
ReplyDelete