TODAY

A sector-wise meeting between Myanmar entrepreneurs and members of the  Bengal Chamber of Commerce and Industry  delegation was held at the Union of Myanmar Federation of Chambers of Commerce and Industry building. The participants discussed a wide range of industries such as construction, building paints, rubber, paper, mining, electronics, solar energy, steel and financial services.

We present the following interview with some of those who attended that meeting.

Subhendu Moitra

Vice President

SBI Capital Markets Ltd

     We’re a financial  investment and  consul- tancy company in India. We come to Myanmar to look for good business opportunities. This isn’t my first visit here. I came here in 2012 when I took part in business discussion held at the Park Royal Hotel and Summit Part View Hotel. At that time I took part in the discussions as something of a volunteer  and I found it very interesting.

                   I found  many changes in the country’s economic state of things. I would not say that it’s now the right time for foreign investment. I’d say, nevertheless, that there are now most favourable conditions for investment.

Gautam Ghosh

Executive Director

Klystron Electronics Pvt Ltd

     Our company produces solar plates. I come here with the intention of making further investment here. I think the present state of things in Myanmar is an ideal condition for investment by India, Myanmar’s close neighbour, especially when there’re business opporunities here.

Inderjeeet Singh Gill

Regional Director

Rouhgton International Ltd

     We’re a consultancy company, based in the UK. We have our consultancy representatives     in South Africa, South-east Asia and Europe. Now that Myanmar’s opened its doors to outside investment, I think there’ll be transparency in business dealings We’ll help by giving technical knowhow and advice on international business practices and norms. We’re now seeing investment in large-scale businesses in Myanmar. We also have thought of doing more business here.

Chandra Shekhar Ghosh

Chairman & Managing Director

IBandhan Financial Services Pvt Ltd

Our company is a small-loan company. We have about 1700 branch offices in 18 provinces in India, with a total of about 8.4 million customers. We provide financial services to needy and hard-up people and also those wishing to start up business. Myanmar has a population of some 60 million people, of which 37 percent are poor people. the rest belonging to the middle class. A country asparing for development has to work for rural development as a prerequisite. Only then will its economy develop, following its natural course. I intend to make an investment in the rural areas of this country.

Translated by   Nyunt Thaung