Thursday 6 June 2013

Myanmar hosts World Economic Forum

Hundreds of global leaders and business delegates gather in the capital Nay Pyi Taw today as Myanmar hosts the 22nd World Economic Forum for East Asia from the 5th to the 7th of June.


More than 550 business leaders, over 60 Global Growth Companies, nearly 300 leaders from Young Global Leaders initiative, together with members of civil society, academia and the media will be convening to discuss the challenges and opportunities facing Myanmar and East Asia today.

"The Forum offers a platform to forge new partnerships among governments, business and civil society. Together, they will leverage their collective creativity, capacity and capital to address the most pressing economic and societal challenges in new ways," said Sushant Palakurthi Rao, Senior Director of Asia at the World Economic Forum.

President Thein Sein as well as opposition leader, Aung San Su Kyi, alongside other prominent heads of state from across the region will be taking part in the gathering.

"Only by coming together and having frank discussions is it possible to build trust and understanding of how to address key development challenges – such as creating jobs, improving education, ensuring better healthcare and enhancing regional connectivity," added Mr. Palakurthi Rao.

Myanmar Airways International (MAI) has provided aircraft rental services for the convenience of international delegates, according to reports. Myanmar is hosting the Forum to gain business opportunities and share knowledge and experiences of leading economists, according to a press release from the President's Office.

Ministers Soe Thein and Tin Naing Thein will lead the World Economic Forum on East Asia-2013 Observance Committee, which is comprised of ministers and representatives from various bodies. These include the Myanmar Chamber of Commerce and Industry, the Myanmar Tourism Industry Federation, the Tourism Entrepreneurs Association and the Myanmar Market Promoting Committee.

source: Eleven Myanmar

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