Priority is being given to issuance of loans as capital for manageable-scale industries: Senior General
May 30
ENCOURAGING MSME businesses aim
to increase production, substitute import goods and export more products to
foreign markets, said Chairman of the State Administration Council Prime
Minister Senior General Min Aung Hlaing in his meeting with micro-, small- and
medium-sized enterprises in Pa-O Self-Administered Zone yesterday afternoon.
Individual reports on
operating MSMEs and requirements
Chairman of Pa-O
Self-Administered Zone Administration Body U Khun Ye Htwe, Shan State Chief
Minister U Aung Zaw Aye and MSME businesspersons reported on the disbursement
of loans to MSME businesses from the State economic promotion fund,
construction of the cold storage for potatoes and the natural fertilizer
factory, undertaking of agriculture and livestock farms in the zone, needs to
build one more cold storage for potatoes, production of natural fertilizers,
loans for expansion of coffee sown acreage and coffee industries, loans for
manufacturing of cement, supply of electricity and regional development.
Responses of Union ministers
to relevant sectors
Union ministers discussed the
disbursement of loans under various titles and the need to pay back the loans
for issuing further loans, loan plans at soft interest rates for extended
businesses, expansion of forest coverage area in Hopong Township, conservation
of the environment and natural resources at Menei mountain range to manage
water supply for the region, and registration of industries under the rules.
The Chief Minister of the state
also discussed arrangements to contact relevant ministries for fulfilling the
needs of businesspersons.
Encouraging manufacturing
industries based on businesses of rural people
In his address, the Senior
General pointed out that as the yield of paddy in the Pa-O region reaches some
67 baskets per acre, local farmers need to strive for meeting the target of the
per-acre yield of paddy to benefit the region. Cultivable lands must be
effectively utilized. Too much reliance on crop cultivation may cause dryness
of water, harming the agricultural sector. Systematic farming works with
correct agricultural techniques will help increase the per-acre yield of paddy.
Cultivation of paddy and crops
need to use bio-fertilizers from livestock farms. Locals need to generate
hydropower rather than generating electricity with fuel. Electricity projects
in Shan State are delayed for various reasons. Hence, all need to strive for
generating electricity in the Pa-O region.
The Senior General noted that the
government disburses capital to local farmers under relevant financial rules
and regulations. Priority is being given to issuance of loans as capital for
manageable-scale industries.
Encouraging education sector
The Senior General highlighted
that basic education student number declines in academic years. Currently, 51
basic education high schools in 50 districts conduct technical, agriculture and
livestock courses as vocational training for students. As the number of human resources
will rise in agriculture, livestock and industries, all must strive for the
promotion of education in relevant regions as well as encourage education for
the development of the Pa-O region.
The Senior General explained that
encouraging MSME businesses aim to increase production, substitute imported
goods and export more products to foreign markets. The government will provide
necessary assistance for agricultural farms. To have success in agricultural
farms, it is necessary to conduct agricultural research.
The Senior General viewed round
domestic products, foodstuffs, consumer goods and industrial products,
traditional handiworks and clothes and asked about market shares of these
products.
In the afternoon, the Senior
General inspected the conservation of the spring at Hopong Yayhtwetgyi in
Hopong.
In his guidance, the Senior
General stressed the need to build fences at the bund of the spring and clean
the bushes around the lake. He called for setting the site for visitors to take
a bath and other sites for people to take relaxation.
On 28 May evening, the Senior
General visited Culamuni Lawka Chantha Pagoda and Shwephonepwint Pagoda in
Taunggyi.—MNA/TTA
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