Investing in Mon State?

Topic: 

Description: 

''Questions around investments in Mon State are heating up these days. The Economic Affairs Reviewing Committee of the Mon State Parliament has announced that, within the next few months, all investments within the state will come under official inspection. As Dr. Aung Naing Oo, Vice-Chair of the Mon State Parliament, explained, this inspection is coming about due to concerns about the recent inflow of investments to the state. “Although the Union Parliament allowed permissions, those businesses should be reviewed whether they were beneficial for the Mon State,” he said.1 The favourable position of the Union Parliament towards investments mirrors that of the National League for Democracy (NLD) government. Addressing the people of Mon State in a speech at Mawlamyine University last year, State Counsellor Daw Aung San Suu Kyi proclaimed: “Mon is poor, so you should welcome investments in order to secure development.”...''

Creator/author: 

Source/publisher: 

Transnational Institute (TNI)

Date of Publication: 

2019-02-04

Date of entry: 

2019-02-07

Grouping: 

  • Individual Documents

Category: 

Geographic coverage: 

    • Mon State

Countries: 

Myanmar

Language: 

English

Format: 

Size: 

Resource Type: 

text

Text quality: 

    • Good