Private Business Sector in Myanmar Taking the Leading Role in Country’s Urban Development, Banking and Finance, Logistics and Supply Chain Sectors

Press Room > 2013

Sphere Conferences and the Union of Myanmar Federation of Chambers of Commerce & Industry (UMFCCI) announced that they will jointly organise a series of industry specific investment conferences showcasing investment opportunities in urban development, banking and finance, as well as logistics and supply chain sectors staring from May 2013.

UMFCCI has identified that these sectors require foreign investment as Myanmar seeks to modernise economy to cope and thrive in the 21st century. The Chamber of Commerce stands as a national level non-governmental organisation representing and safegurading the intereest of the private business sector. With a vast network of chambers and trade associations affliated, UMFCCI acts as a bridge between the State and the private sector.

It is also a member of the Paris-based International Chamber of Commerce, ASEAN Chamber of Commerce and Industry, the Greater Mekiong Sub-Region Business Forum and Joint Economic Quadrangle Committee. UMCCI has also played a key role in the formulation of the recently updated version of the foreign investment law in Myanmar.

The announcement was made during the signing ceremony between Sphere Conferences and UMFCCI in Yangon.