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Hluttaw Amyotha about the Ponnagyun Industrial Zone
At the 7th ordinary sitting of the second Amyotha Hluttaw took place in the assembly room of Amyotha Hluttaw on Sunday mornings. Here starred question were asked and replied and a request was made. Firstly, Rakhine State U Kyaw Kyaw (4) challenged the work' s advancement and how long it would take before the Ponnagyun Industrial Zone, which has been in operation since the first Pyithu Hlutaw, is completed.
Industry Minister U Khin Maung Cho said the industry area will be 1,963.74 acre along the east side of Yangon-Sittway in Rakhine State, Sittway District, Ponnagyun Township. In the period of the preceding administration, it was declared and approved as No. (22) industry area.
The Supreme Development Co Ltd. and Myanmar Kyauk Phyu Phyu Special Economic Zone Holding Public Co Ltd. took part in the bidding, which was carried out in 2015. Kyauk Phyu Phyu Special Economic Zone Holding Public Co Ltd. was chosen on 24 August 2015 and a MoU was ratified on 16 September 2015.
The Exo World Group Co. of Israel was allowed to rent 50 acre of ground in the industrial zone of Ponnagyun to carry out stockbreeding, refrigerated warehousing, production of pet food, storing fuels and lubricants for vessels at the Rakhine State Council of 28 July 2017. The approval and commencement of preparatory work by Exo World Group Co. was notified to the State Agency for Investments and Corporate Management on January 24, 2018, the Union Minister said.
In accordance with the design of the industry area, it will comprise small and medium-sized plants, clothing plants, cattle, shrimp and fishing plants and timber plants. Prospective business subjects and organizations are largely encouraged and can work on a systematic basis at fixed prices and tax levels. Since Ponnagyun is located in a less advanced area, domestic and international investment will have particular advantages and attractions, as stated in Myanmar's investment law.
Domestic and international interested enterprises were welcomed, and while the work of the Rakhine State Consultative Commission's implementing board on the Rakhine State Consultative Board and with the particular benefits and incentive will be invested in Ponnagyun Industrial Zone, the Union Minister declared on the government of Rakhine State.
Next, U Pe Tin of Mon State (6) responded to the Aung Bar Lay and U Mya Min Swe of Bago Region (9) constituencies' question on the suspension of the U Set Aung and Nay Pyi Taw Council member U Aung Myint Tun, Deputy Minister of Planning and Finance, from collecting tolls for the town.
Similarly, Q&A by Daw Htu May of Rakhine State (11) and U Myint Naing of Rakhine State (5) were replied to by U Hla Kyaw, Deputy Minister of Agriculture, Livestock and Watering and Dr Tun Naing, Deputy Minister of Electricity and Energy. Rakhine State Daw Htu May (11) then submitted a request calling on the LDCs to prioritise and develop the One Village One Product (OVOP) country developement policy with the appropriate ministries, together with a corresponding budgets.
It was endorsed by U Sai Wan Khum of Shan State County ((3). Hluttaw Amyotha Hluttaw spokesman Mahn Win Kaming Than asked for the ruling of the Hluttaw and then declared the Hluttaw's approval of the ruling. Sitting 13 of the 7th of the second Amyotha Hluttaw is planned for February 6.