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The Secretary for Development, Mr Paul Chan, continued his visit to Yangon, Myanmar, today (October 7) with the Hong Kong delegation to see town planning and development projects, as well as conservation of built heritage there.
The delegation met with the Yangon City Development Committee this morning. They exchanged views and shared experiences on city planning, infrastructure projects and professional services. The committee is responsible for areas including town planning, water supply, environmental protection and waste treatment. Mr Chan also met with the Mayor of Yangon, Mr U Hla Myint, after the discussion.
The delegation then visited the Yangon Heritage Trust office. The trust aims to promote the protection of built heritage as part of the comprehensive urban planning process in Yangon. It also advises and assists the government on its conservation policy and takes part in conservation projects.
The delegation visited the Myanmar International Terminals Thilawa (MITT) yesterday (October 6) to learn about its development and operation, and the logistics industry. The MITT is located at Thilawa near the Yangon River and is the first international container port in Myanmar by foreign investment.
They also visited the Thilawa Special Economic Zone (SEZ) to see the infrastructure projects, including a deep sea port, an industrial park and a power plant. They were also briefed on the concessions for foreign investments and its progress. The SEZ is located at the southwest of Yangon and has an area of about 2 400 hectares. The first phase of the SEZ is expected to be completed by 2015/16.
The delegation also went to see mixed-use residential, commercial and hotel development projects in downtown Yangon.
The delegation met with local investors, Hong Kong businessmen and professionals working in Yangon last night to learn more about the local business environment and operation. They also exchanged views on business opportunities and development prospects of Hong Kong professional services, manufacturers and investors in Myanmar.
Mr Chan will return to Hong Kong tomorrow morning (October 8).
Ends/Wednesday, October 7, 2015
Issued at HKT 22:30
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