The United Kingdom’s Trade and Investment Minister Stephen Green, on his first visit to Myanmar, stressed four key areas Myanmar needs to improve to receive more foreign investments.
Lord Green said the UK recognises the attractiveness of Myanmar market but the key hindrances for foreign investments are the corruption and lack of transparency, physical and technological infrastructure inhibiting free flow of information, under-developed banking systems and insufficient qualified labours in the country.
“I understand Myanmar government is focusing on these issues to attract highest quality investments. UK government and businessmen fully support it,” the minister said at Traders Hotel Yangon on Thursday.
