Vice President attends 6th Nay Pyi Taw, Bago Region MSME Product Exhibition Opening Ceremony

     The Small and Medium Enterprises Development Work Committee (SMEDWC) Chairman Vice President U Myint Swe opened the 6th Product Exhibition of Micro, Small and Medium Enterprises (MSMEs) in Nay Pyi Taw and Bago Region, held at Bago town hall yesterday morning.
     The opening ceremony was attended by SMEDWC Vice Chairman Union Minister U Khin Maung Cho, Region Chief Minister U Win Thein, Region Hluttaw Speaker U Khin Maung Yin, Chief Judge Maung Maung Shwe, Deputy Minister for Commerce U Aung Htoo, Nay Pyi Taw Council member U Aung Myin Tun, Qatar Ambassador to Myanmar H.E. Mr. Mansoor Mubarak S.B.Al-Khayarin, representatives of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, SMEDWC members, experts, technicians, MSME owners, heads of departments, donors and invited guests.
At the opening ceremony, SMEDWC Chairman Vice President U Myint Swe said that with the leadership of SMEDWC, MSMEs’ local product exhibitions had been held in Union territory Nay Pyi Taw and states/regions. The first for Kachin State and Mandalay Region was held in Mandalay, the second for Magway Region, Chin and Rakhine states in Magway, the third for Ayeyawady Region in Pathein, the fourth for Kayah and Shan states in Taunggyi and the fifth for Sagaing Region in Monywa successfully.
     Today’s exhibition of MSME products in Bago, Bago Region is the sixth and similar exhibitions will be held in Yangon Region, Mon State and Taninthayi Region. MSMEs products exhibition for the entire country and a National Award competition will be held in Nay Pyi Taw Union territory.
     At such State-led exhibitions and competitions, the thoughts, ideas and efforts of other businesses and the effective introduction of the products to the market are to be copied and imitated, said the Vice President. Only when economically innovative thoughts and views are developed and better production and services are provided can we compete with regional businesses and penetrate the international markets.
     Myanmar’s neighbor Thailand stands at 13 on the world stage and 3 in Asia in producing and exporting foods. The major exports of Thailand are rice, poultry, sugar, prawn, canned food, tuna and pineapple, and all are products that are also planted or raised in Myanmar. As such, MSMEs producing agri-based food products are being encouraged and supported. If MSMEs are able to value add agriculture products and export, more foreign exchange can be earned as well as stabilizing the market.
  
 
     In addition to this, if refuses or discarded products are used to produce new products, there’ll be more profit as well as support the natural environments. For example, by using technology, rice hulls or rice husks can be made into fuel pellets and used locally or exported to countries, such as China, Japan and South Korea.
     According to 2017 MSME survey of the MSMEs in Myanmar, about 13 per cent are still without electricity. All are urged to uncover new energy resources by using resources in Myanmar and wastes to produce products, such as fuel pellets from rice husks or hulls. Nowadays, modern digital technologies are used in research, production, distribution, connecting and providing services to become a digital economy. Therefore, in support programs for MSMEs, such as courses and competitions, digital technology was seen to be employed. Through participating in product exhibitions, MSMEs can advertise and promote their products and services to the public, gain information and opportunity on making their products and services more attractive to the public, receiving comments and feedbacks from the public, understand and fulfill the requirement of the public, establish contact with distributors, and coordinate and connect with other MSMEs along the supply chain. Therefore, businesses in Nay Pyi Taw and Bago Region are urged to grasp this opportunity.
     In addition to supporting MSMEs, SMEDWC is implementing practical arrangements based on the outcomes and results of the exhibitions and competitions. At the 15th China-ASEAN Expo held at Nanning, People’s Republic of China, in September 2018, Myanmar MSMEs were able to exhibit food and beauty products, such as tea, coffee, elephant foot yam, etc. Eleven Myanmar MSMEs are participating in the China International SME Fair, held in Guangzhou, China, from 10 to 13 October. Our MSMEs are obtaining international experiences and ideas and are to increase their efforts in obtaining new markets. Winners of MSME exhibitions and competitions and prospective MSMEs were being noticed by the media and were progressing further and achieving success. It is indeed an honor and a pleasure to see MSMEs receiving enquiries and orders from organizations, associations and international visitors.
 
     MSMEs are ever facing competitions and challenges in fulfilling the changing and shifting requirements of the consumers. In order to thrive and survive in such ever changing economic environment, MSMEs must not lose sight of news and information and strive toward improving the quality of their products and services, be competitive and obtain international markets. All are also urged to strive toward establishing an MSME community that supports the development of the country’s economic, social and natural environment, said the Vice President.
     Next, SMEDWC member Region Chief Minister U Win Thein explained about works done for development of MSMEs, in the region.
     Afterwards SMEDWC Vice Chairman Union Minister U Khin Maung Cho, Region Chief Minister U Win Thein, Deputy Minister U Aung Htoo, Region minister for industry, electricity and transportation U Than Win and Nay Pyi Taw Council member U Aung Myin Tun accepted cash donations by companies to hold the exhibition and in return presented the donors with certificate of honors to conclude the first part of the opening ceremony.
      Following this, the second part of the 6th Product Exhibition and Competition (2018) of MSMEs in Nay Pyi Taw and Bago Region, cutting of the ceremonial ribbon was held at the parking lot in Shwemawdaw Pagoda, Bago.
      At this event, Vice President U Myint Swe, Union Minister U Khin Maung Cho, Region Chief Minister U Win Thein, Deputy Minister U Aung Htoo, Nay Pyi Taw Council member U Aung Myin Tun, Region Hluttaw Speaker U Khin Maung Yin and Region minister for industry, electricity and transportation U Than Win cut the ceremonial ribbon and posed for a commemorative group photo with invited guests. The Vice President and party then inspected the MSMEs’ local products exhibits. The 6th product exhibition of MSMEs (2018) was jointly organized by Nay Pyi Taw Council, Bago Region Government and Ministry of Industry and will be held for five days. During the exhibition period, a number of talks will also be conducted by experts and technicians, it is learnt.—MNA