THE Investment Promotion Committee (IPC), which was set up by the Ministry of Investment and Foreign Economic Relations (MIFER), convened its second meeting yesterday at its office in Nay Pyi Taw.

The meeting was attended by U Thaung Tun, Union Minister for Investment and Foreign Economic Relations and chairman of the IPC, U Aung Hla Tun, Deputy Minister for Information, U Hla Kyaw, Deputy Minister for Agriculture, Livestock and Irrigation, U Kyaw Myo, Deputy Minister for Transport and Communications, U Aung Htoo, Deputy Minister for Commerce, U Kyaw Lin, Deputy Minister for Construction, U Khin Mg Win, Deputy Minister for Electricity and Energy, U Win Maw Tun, Deputy Minister for Education, Permanent Secretaries of ministries concerned, director-general of the Directorate of Investment and Company Administration and the secretary of the IPC, members of the IPC, the five task forces, and observers.

Speaking at the meeting, Union Minister U Thaung Tun took note of the important role of the IPC and the five task forces, and stressed that the success of the committee and its task forces would help ensure economic growth.

“By keeping this in mind, we hope to create a fair and prosperous society by promoting quality investment. These endeavors should reflect the government’s development policies in promoting a responsible investment environment,” he said.

U Thant Sin Lwin, secretary of the IPC, discussed matters pertaining to the Committee’s duties and responsibilities. And, he also presented an overview of the five task forces’ annual activities.

Then, team leaders from the five task forces made presentations on their Annual Activities Plans and opportunities and challenges faced by them. The presentations were followed by discussions and a recap by the IPC Secretary of the task force leaders’ presentations.

The meeting concluded at 12.30 p.m. with closing remarks from Union Minister U Thaung Tun.

MNA

PHOTO: MNA

Ref; The Global New Light of Myanmar