From May 9 to May 10, Gu Shaoming, Chairman of Bauing Group’s Board of Directors, was invited to attend the Yangon Investment Forum 2018 and met with the Chief Minister of Yangon Region, H.E. U Phyo Min Thein.

It is reported that the Yangon Investment Forum 2018 was hosted by the Yangon Region Investment Committee (YRIC), assisted by the Directorate of Investment and Company Administration (DICA), the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), and the Myanmar Investors Development Association (MIDA). H.E. U Kyaw Win, the Minister of Planning and Finance of Myanmar, H.E. U Phyo Min Thein, the Chairman of Investment Committee of Yangon Region, U Khin Maung Aye, the Chairman of Myanmar Investors Development Association and the Chairman of Myanmar KMA Group, H.E. Mrs. Dorothee Janetzke-Wenzel, the ambassador of Federal Republic of Germany to Myanmar and more than 700 entrepreneurs and investors from home and abroad attended the event.

▲H.E. U Kyaw Win, the Minister of Planning and Finance of Myanmar, stated that Yangon is the location of Myanmar's main international logistics ports, accounting for about 85% of Myanmar's import and export trade. It is expected that by 2030, the permanent population of Yangon Region will exceed 10 million.

▲H.E. U Phyo Min Thein, Chief Minister of Yangon Region, said that the regional government will continue to provide help to build Yangon into a base of foreign investment projects and is committed to creating superior investment and development conditions for foreign companies, with sincere welcome for investors from all over the world to the Yangon Regional Investment Development Queue.

▲U Khin Maung Aye, the Chairman of Myanmar Investors Development Association and the Chairman of Myanmar KMA Group, stated that as the government continues to implement reform measures in the economic field, the investment environment in Myanmar will surely be further improved.

▲H.E. Mrs. Dorothee Janetzke-Wenzel

H.E. Mrs. Dorothee Janetzke-Wenzel, the ambassador of Federal Republic of Germany to Myanmar

▲Mr. Chao Choon Ong, the President of PwC Myanmar, and the vice president and co-partner of PwC Singapore

▲Daw Cho Cho Wynn, the Vice Chairman of Thilawa Special Economic Zone Management Committee 

▲Dr. Marlar Myo Nyunt, deputy minister of Planning and Finance of Myanmar, and deputy director of the board of Corporate Investment and Administrative Agency

▲ U Kaung Htet Tun, Executive Director of KMA Group’s High-Rise Project in Yangon City, introduced the group's construction project in Yangon and expressed sincere welcome to investors

▲H.E. U. Kyaw Win, Minister of Planning and Finance of Myanmar, was in a warm communication with Gu Shaoming, Chairman of Bauing Group’s Board of Directors, introducing him the investment environment in Myanmar, and he stated Bauying Group was greatly welcomed to invest in Myanmar introducing advanced technology and concepts to Myanmar.

H.E. U Phyo Min Thein, Chief Minister of Yangon Region, met with Gu Shaoming, Chairman of Bauing Group’s Board of Directors, and his party

During the forum, H.E. U Phyo Min Thein, Chief Minister of Yangon Region, friendly met with the representative of the Chinese-funded enterprises invited to the forum - Gu Shaoming (Chairman of Bauing Group’s Board of Directors) and his party 

▲H.E. U Phyo Min Thein, Chief Minister of Yangon Region, friendly met with Gu Shaoming, Chairman of Bauing Group’s Board of Directors

During the meeting, H.E. U Phyo Min Thein, Chief Minister of Yangon Region, expressed sincere welcome to Chairman Gu Mingming and his party to Myanmar and asked in detail the investment and construction of Bauing in Myanmar. He highly praised the outstanding performance of Bauing Group in participating in the construction of “One Belt and One Road” and expressed that the government of Yangon Region is committed to reform and improvement on foreign investment policies, regulations and trade environment, and is actively encouraging the introduction of foreign investment. Myanmar will endeavor to provide trade support and preferential policies, expand the platform for communication and trade, deepen the mutually beneficial cooperation between China and Myanmar, and achieve common development. He said that investment of Chinese-funded companies such as Bauing Group in Yangon Region is highly welcomed.

▲Gu Shaoming, Chairman of Bauing Group’s Board of Directors, and his party, presented a calligraphy work from Wang Yueqing to H.E. U Phyo Min Thein, Chief Minister of Yangon Region, indicating that Myanmar will become increasingly strong

Gu Shaoming, Chairman of Bauing Group’s Board of Directors expressed his gratitude for the approval of H.E. U Phyo Min Thein, Chief Minister of Yangon Region. He said that Bauing Group was very much looking forward to being able to participate in the infrastructure construction in Myanmar and add momentum to the development of the city in Myanmar. In the future, Bauing Group would continue to take the “One Belt and One Road” initiative as its development opportunity to deepen cooperation of both sides in various fields, and continue to lay a solid foundation of public opinion and achieve win-win cooperation.