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Small is Beautiful: Textile, Handicraft and Agri Business SMEs in Chin State. 16.3.2019. Outlines. Consideration and implementation of FDI. Consider. FDI. Many Figure. Joint cooperation with local good partners Seek supporting industries Smooth and easy communication
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Small is Beautiful: Textile, Handicraft and Agri Business SMEs in Chin State 16.3.2019
Consideration and implementation of FDI Consider FDI Many Figure • Joint cooperation with local good partners • Seek supporting industries • Smooth and easy communication • Network production in Global Value Chain Implementation FDI
Fostering access to promote investment opportunities of SMEs • Regulatory framework for SMEs growth • Upgrade Infrastructure Development & Institutional Framework • Strengthening Institutions and Related Agencies • Build up capacity building program of skill person • Use digitalization as opportunity to ease for doing business • FDI linkage and market expansion in Good Business • Environment
Regulatory framework for SME Development in Myanmar SMEsDevelopment Policy wasapproved 2018 ExtentedtoSMEsDevelopment Departmentacrossthe countrywith50branches 4th April2012, SMEsWorking responsiblebody was formed 2015 Dec SME DevelopmentCenterwasformerundertheMOItodevelopSMEs 2014 2012 2017 2015 2016 JUNE April SMEs Development working committeewas formed SMEsDevelopment central Committee was formed SMEsDevelopment Law was enacted
Institutional Framework for National level and Regional Level ResponsiblebodiesforSMEdevelopment MSMECentralCommittee International Partner Fund Management MSMEs Working Committee Ministries & Agencies Evaluationand Reporting SMEsAgency Business Associations Regional MSMEAgencies SMEs
Regulatory Framework & Institutional Framework • The SME Law and Policy was enacted in 2015 . • Central Committee of Micro, Small and Medium Enterprise Development has been organized leading by President and State Counselor with 24 Members in June, 2016 . • Working Committee of Micro ,Small and Medium Enterprise Development has been organized chaired by Vice President with 40 Members in 2017 . • MSME Agency, Fund Management Body, Evaluation and collaboration body were organized at the National Level . • Regional MSME Agencies organized at all states and division
Myanmar SME policy is aligned with international practices and ASEAN Strategic Action Plan Myanmar SMEs Policy ASEAN Strategic Action Plan ( 2016 - 2025) • Human Resources • Technology Development and Innovation • Financial Resources • Infrastructure Development • Market Access • Conducive Business Environment • Promote Productivity, Technology and Innovation • Increase Access to Finance • Enhance Market Access and Internationalization • Enhance Policy and Regulatory Environment • Promote Entrepreneurship and Human Capital Development
Developing Road Map for Regional Area Magway region Kayah region Ayeyarwadi Region Chin state
Measurement of OECD for ASEAN coordination Action Plan for Regional Area • Productivity , Technology and • Innovation • Green SME • SMEs Access to Finance • Access to Market and Internationalization • Institutional framework • Legislation , regulation and Tax • Entrepreneurial and skills • Social Enterprise and inclusive SMEs • Legislation, Regulation and Tax & Institutional Framework • Productivity, Technology and Innovation • Entrepreneur education and skills for women ,youth and start up • Access to finance • Access to Market and Internationalization • Green SMEs • Social Enterprise and Inclusive SMEs • Institutional Framework
Developing Action Plan for Regional Area Ayeyarwadi Magway region Mandalay region Mon State Bago Region Kayin
ChinState • FACTS • Population:510,690 (2018) • Urban -21% • Rural - 79% • Diverseand • valuablenatural resources • Highagricultural potential • Tax incentive for investors • Untapped natural beauty fortourism sector
Potential of Chin State • Hotels andTourism • Agribusiness • Infrastructure • Electric power generation, transmission anddistribution • Transportation • Hydropower • MiningSector
Potential SMEs in Chin State Avocado, Elephant-foot Yam & CoffeeProject • Improve coffee, avocado, and elephant-foot yam value chains and quality ofproducts • Farmers associations to enhancemarketing • Chin Silk Weaving RevitalisationProject • Revival of Chin silk heritage • providing jobs andtraining to disadvantagedpeople • Increasing quality tobuild exports and brand Myanmar as strong silk producer • Grapes WineProducts • Mithum Products andSale
Use digitalization as opportunity to ease of doing business and Business Transforming
On line SMEs and SMI Member Registration • SMEs Member Card with online system via www.moismeregister.gov.mm • SMI Registration in online system via www.disi.gov.mm • Training Information at Panna Institute • Visit www.myanmarsme.gov.mm for getting knowledge,information & online matching . • Providing information of small and medium businesses in ASEAN at ASEAN SME Service Center (www.asean.org)
Future Action Plan for Development of SMEs in Chin State • Development of Institutional Framework • Emphasize cluster Development • Market Expansion and Internationalization • Development programme for Green SMEs, Social Enterprise and Inclusive SMEs • Development MSMEs Investment extension . • Promoting Entrepreneurial Education and Skills for women and youth for starting business • Networking FDI , MSMEs and link aging