Power generation by renewable energy to be used for Hpa-an industry zone and Myawady economic zone will be finalized in six months, said Nan Khin Htwe, Chief Minister for Kayin State.
“Good opportunities for those wishing to make investment will come into view. Power will be available from the national grid and other resources,” said Nan Khin Htwe Myint.
“Power consumption will be on the increase in Kayin State. Basic conditions will develop in order to make investment in the production sector. Hpa-an industry zone and Myawady economic zone have been established so as to easily carry out investment in the production sector. Now, some investments have arrived. Power generation by renewable energy to be used for the zones will be ended within six months,” said Nan Khin Htwe Myint.
Kayin State is rich in precious minerals. It is situated on Thailand-Myanmar trade route and it plays a leading role in the trade and transport.
“Kayin State is located on East-West Economic Corridor linking with Da Nang in Vietnam through No 1 Asian Road. Half of the total population in Kayin State depends on agriculture. It has only 16 % arable land. There is more than 3 million of vacant and virgin land in Kayin State. Basic systems and services are needed in order to preserve and pre-pack the crops. For that reason, Kayin State invites the investors to make investment in agri-business services capable of producing value-added goods,” said Nan Khin Htwe Myint.
