Yangon, Myanmar (PRWEB) June 19, 2012
Last month the U.S suspended investment sanctions in Myanmar, joining the European Union, Japan, Australia and Canada. Encouraged by this move and by the latest Mining Laws, foreign investors, from Asia, Australia, UK, Canada and etc, are eyeing Myanmar’s untouched rich mineral reserves.
Myanmar's large [mineral resources, untapped and sizeable deposits, await advance technology and [foreign investment for development. These opportunities are too great to ignore, and many pioneers have taken steps to venture into the NEW Myanmar. During the 1st MOGP Summit in March, former Director-General from the Energy Ministry encouraged all keen investors not to adopt a "wait and see" attitude, but to come forth and conceptualize investment plans with the ministry and potential partners to realize the opportunities early.
On 23 July 2012, key Ministerial Officials from Mines & Investment, foreign mining companies, project financiers, local stake holders and many others will convene in Yangon, as His Excellency U Thein Htike, Union Minister of Mines, Ministry of Mines, delivers the Official Address to mark the opening of the [Myanmar Mining Summit.
Themed “Secure Investment, Exploration & Mines Development Ventures in Myanmar Mines & Minerals", the expert speaker panel at the summit on 23-25 July will present vital information on fiscal regime for mining, geological deposits of mineral resources and potential for mines development, latest on investment opportunities in the [mining sector, mining companies' plan for their investment and much more.
Foremost at the event are 2 key sessions by Ministerial representatives spotlighting on ‘Updates on Myanmar Mining Law & Fiscal Regime’, and ‘Policy Imperative for Reformation of Myanmar Mining Law’ by U Win Htein, Director General, Ministry of Mines and U Zaw Win, Director (Retired), Department of Mines, Ministry of Mines.
Other presentations by top Ministry Officials include:
Experts from the private sector have also confirmed their participation to speak at the conference on the crucial subjects of mineral mining prospects, projects and financing.
Spurred by the global interest, [Myanmar Mining Summit aims to provide a multi-faceted outlook on the various aspects of the mining business via two optional post-conference workshops (separately bookable) – ‘Project Financing for Myanmar's Mining Sector’ on 24 July 2012 from 2pm to 6pm and ‘Geological Workshop on Myanmar's Mines & Minerals’ on 25 July 2012, 9am to 5pm.