'Tarnished image': Myanmar touts troubled Rakhine as investment destination - News Summed Up

'Tarnished image': Myanmar touts troubled Rakhine as investment destination


Myanmar hopes the Rakhine State Investment Fair – the first of its kind – will bring money into the impoverished region. CHANGING VIEWSThe investment fair has been organised by the Rakhine state government and Myanmar Investment Commission, with backing from the Japan International Cooperation Agency (JICA) and the Japan External Trade Organization (JETRO). "The image is a very negative image but the other parts ofRakhine state I believe are an opportunity for international investors." Peter Beynon, chairman of the British Chamber of Commerce in Myanmar, said investors should look beyond Myanmar's "negative press". Myanmar says it has been ready to accept returning refugees since January, and denies discriminating against Muslims who remain in Rakhine.


Source: bd News24 February 20, 2019 09:00 UTC



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