Hydropower, mining, oil and gas sectors cover 85 per cent investment
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Investment sectors in hydropower, mining, oil and gas covered 85 per cent of total investment in Myanmar, said Aung Naing Oo, director-general of the Directorate of Investment and Companies Administration in a conference held at the Myanmar Investment Com
“The main foreign investment in Myanmar is hydropower. Investment in the hydropower sector is over 40 per cent of overall investment. Oil exploration and natural gas come second with over 30 per cent of total investment. The third is the mining sector with a 7 per cent share of total investment,” he said.
Religious Affairs Ministry gives up Hajj pilgrimages involvement
The Ministry of Religious Affairs announced yesterday that it would no longer be involved in arranging the Hajj pilgrimages starting this year.
“The Ministry of Religious Affairs is not a department that runs for profit, so we will no longer be involved in arranging the pilgrimages.
The working group which was formed in the past to assist in sending Hajj pilgrims to Mecca has been dissolved starting from today,” said, Soe Win, deputy minister of religious affairs.
Previously, the Ministry selected 350 pilgrims every year by drawing lots and arranging for a Hajj travel company to take them on the journey to Mecca.
Suu Kyi opens Myanmar's first mobile library
Myanmar opposition leader Aung San Suu Kyi opened the first mobile library in Myanmar in Kawhum Township yesterday.
“We're able to open this mobile library due to our good-will in assisting the development of this country. Education is the most important thing for a country's development.
The awareness of our young people will not grow if they are only content with lessons taught in school. We want the younger generations to get into the habit of reading,” Suu Kyi said at the opening ceremony of the mobile library.
The library will start its operation today, offering services to 21 villages in Kawhmu, according to Dr Thant Thaw Kaung, director of mobile library project.
The library has over 15,000 books on cultivation and livestock breeding technologies for the general public, children books and other fiction and non-fiction books.
