Seeking opportunity in Myanmar

Team Group, a professional engineering consulting group, last week hosted a seminar on "Seeking Business Opportunity through Investment in Myanmar", aimed to provide interested businessmen with useful information about investment in Myanmar.

According to Team Group Chairman Prasert Patramai, Myanmar is currently welcoming foreign investment and the country is rich of natural resources.

"Myanmar is a very attractive investment destination for overseas investors. Thanks to their adjacent locations, Thailand and Myanmar has long developed cross-border trade. In 2011, the cross-border trade was over Bt180 billion in value, with Thailand’s exports to Myanmar exceeding Bt85 billion. Thai investors should not overlook their business opportunity in Myanmar. This will also help them prepare for the challenges introduced by the Asean Economic Community in 2015," he said.


The seminar featured overview of the country, business opportunity and investment procedure, laws and regulations on business establishment and employment, financial transaction, and infrastructure systems in Myanmar. Thai Ambassador to Myanmar Pisanu Suvanajata gave a special lecture on up-to-date situations in Myanmar. A panel discussion was presented by Moe Myint Kyaw, chairman of Total Business Solutions Co Ltd and President of Myanmar Fishery Products Processors & Exporters Association; Amnat Pommasutra, Team Group Senior Executive Director; and Chariya Punyaprabhasara, assistant managing director of Management Solutions International Ltd.


Team Group has won several projects in the country. To expand the business there, it recently set up a joint venture, called Total Business Solutions (TBS), to provide engineering consultancy services. TBS is headquartered in Yangon and provides one-stop services for business establishment and operation. Total solutions TBS offers to clients, investors included, range from investment opportunity studies, feasibility assessment, to implementation and operation.

http://www.nationmultimedia.com/business/Seeking-opportunity-in-Myanmar-30195431.html