Thursday, January 10, 2013

Burmese mining federation wants to tap into ASEAN

Thursday, 10 January 2013 12:10 Khin Myo Thwe

A Myanmar Federation of Mining will be founded on January 15 in a bid to qualify for the ASEAN Federation of Mining Association.

“Mining enterprises, mining refineries, traders, companies related to mining businesses, and expert associations will be involved in this federation,” said committee member Soe Moe.

He said that a chairman, a vice-chairman, a general-secretary, a secretary, chief executive officers and executive officers would be elected in Naypyitaw to represent the Federation.

“To be eligible, candidates for the mining association must: be from within the mining business field; have worked overseas; or have experience in running an association,” he said.

Soe Moe said the purpose of establishing the association will be to cooperate with international organizations, to import modernized machinery, to attend to entrepreneurs, and to share knowledge and experience.

“Investors from ASEAN countries, as well as Western and EU countries, can come to the Association and discuss business,” he said.

There are currently some 200 mining and mineral producing businesses in Burma, officially known as Myanmar.

The 2nd Myanmar Mining Summit will be hosted by the Ministry of Mines and will be held at the Sedona Hotel in Rangoon on January 21-24. Organizers say this summit is the official platform for anyone to assess investment opportunities and development plans in Burma’s mining and mineral resources sectors.
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