Myanmar Global Investment Forum 2017 was held from September 12 to 13 at Myanmar Convention Centre II (MICC – II) in Nay Pyi Taw.
More than 1,000 business leaders, investors and government officials from over 28 countries attended the 6th annual event. Minister for Transport and Communications Thant Sin Maung, Minister for Industry Khin Maung Cho, Deputy Minister for Planning and Finance Maung Maung Win, Deputy Governor of the Central Bank Soe Thein, parliamentarians and director generals from government agencies were among the top Myanmar officials attended. The two-day conference saw talks initiated by Director General of the Central Statistical Organisation of Myanmar Dr. Wah Wah Maung, International Finance Corporation’s country manager Vikram Kumar, Chief Executive Officer and Executive Director of Yoma Strategic Holdings Melvyn Pun, Chief Editor of Nikkei Asian Review Gwen Robinson and Managing Director of YAG Capital Thura Ko Ko.
Discussions at the forum explored the opportunities arising from Myanmar’s latest economic agenda and reforms, covering topics of the country’s economic conditions and outlooks, investment situations, banking and financial reforms, the integration of power and energy sectors, challenges related to infrastructure, developments in industrial and agricultural sectors and tourism promotion arrangements. Myanmar Insider was there at the event, and the event was not as lively as previous year. Panellists, with the exception of Peter Beynon, Head of Jardines Myanmar, were just carrying favour with the new government. Most local panellists were saying economy is doing well and their outlooks are optimistic, when their companies operating cash flows are negatives and their balance sheets are straddled with debts.
The event was jointly organised by Myanmar Investment Commission (MIC) and Euromoney Institutional Investor (Asia) based in Hong Kong. The forum offers an annual platform for the public and private sector to discuss Myanmar’s continued economic liberalisation and transformation. The 7th Annual Myanmar Global Investment Forum is scheduled to take place in September 2018.