Media Release
Posted on 07/Oct/2017
Myanmar is a country in transition. It is undergoing historic transformations in multiple directions. It is moving rapidly towards democracy, peace and stability, as well as market economy.
These changes are not easy; their implementation is even more challenging. Roads and infrastructure are being built on a massive scale. Myanmar is entering an most transitional and disruptive phase.
According to the National policy, Mandalay Region Government and MMID Public Company as a joint agreement to develop this dry zone which has been underdeveloped for generations.
Tax Generation
- MMID projects $5.6 billion in future tax revenue to the Nation and regional government.
Farm-to-Table Supply Chain
- Farmers will be able to produce foods for industry and communities, etc.
Although, all new innovations do not come without some trial and error, Aung Win Khaing, Chairman of MMID, is a visionary, without his courage and determination, it is impossible to see the development in dry zone( Middle part of Myanmar ) like that.
Here is the Chairman’s Mission Statement:
- To provide our local communities with good living and working environment; to furnish our local economy with social impact programs.
" We must learn to live together as brothers or perish together as fools"
"We may have all come on different ships, but we in the same boat."
Martin Luther King Jr.
Posted on 29/Sep/2017
We have seen the story and report by FIDH. The company will release its statement as soon as we have had a chance to fully review all the facts and claims.
As we all know in journalism ….
There are always two sides to a story.
We look forward to address these and other important developments related to the most exciting development in the Mandalay region.
Mandalay Myotha Industrial Development Public Co.,Ltd (MMID) is the master developer of Myotha Industrial Park
(MIP) and Semeikhon Port (SMP). Together with an able team that also includes foreign experts and consultants,
Chairman Aung Win Khaing's dream is to unlock the wealth of Mandalay to benefit the locals even as Myanmar races
ahead in economic development.
MIP will be a mixed use industrial park covering over 10,000 acres. SMP is a jetty port along the Ayeyarwaddy
River that covers 380 acres. Foreign investors are already showing interest in this development that will play
a big part in the modernisation, infrastructure and economic growth of this beautiful country of 60 million
people.