MSME businesses need training to develop human resources

Vice-Senior General Soe Win emphasized that MSMEs are being enhanced with the aim of encouraging domestic products, substituting import commodities, and increasing export volume.

Chairman of the MSME Development Work Committee Vice-Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win said so at the 2/2024 meeting of the working committee at the Ministry of Industry in Nay Pyi Taw yesterday afternoon.

Speaking on occasion, the Vice-Senior General underscored that Southeast Asian countries secured 30-50 per cent of MSME to GDP, ASEAN countries 39 per cent, and OECD countries 41.58 per cent.

Moreover, he continued that Southeast Asian countries created 66.87 percent of employment opportunities, ASEAN countries 72.3 per cent, and OECD countries 62.25 per cent.

The Vice-Senior General noted that MSMEs are being enhanced to encourage domestic products, substituting import commodities, and increasing export volume.

He disclosed that as the MSME ratio to GDP is expected to reach some 30 per cent, regional and state MSME agencies need to increase the ratio of MSME to GDP and create more employment opportunities through their OROP (One Region One Product) under the leadership of region and state chief ministers.

So far, he revealed that a total of 102 state-owned factories, 47,119 private owned factories, 33 industrial wards, three special economic zones, and two deep sea ports have been earmarked to encourage MSME operations across the nation.

He highlighted that relevant ministries conducted 387 training courses from January 2022 to date 5,512 times with an attendance of 117,118 trainees, and 875 trainees are attending the courses.

He underlined that in accord with the guidance of the Prime Minister, it is necessary to emphasize the operation of manufacturing and industries, development of services, an increase of State GDP, efficient production of quality foodstuffs and consumer goods at home to reduce import volume, encouragement for the development of MSME businesses, cultivation of quality long-staple cotton to develop production chains cotton, and turning out skilled workers.

He stressed that the working committee formed by the State Administration Council must have efficient governance for the prompt development of MSME businesses. Moreover, the effective governance must conduct selective intervention and adaptive service provision in order to contribute to the MSME businesses, he added.

The Vice-Senior General urged the working committee to strategically invest primary inputs in the correct places while managing human resources, monetary, and inputs under the limit.

Hence, he added that agencies need to correctly choose the mechanisms for conducting domestic and foreign market research based on MSME surveys to enhance work process, give services and guide the work process according to the market demand.

In addition, the Vice-Senior General emphasized that MSME agencies need to pay flexible guidance to potential MSME in order to overcome relevant difficulties depending on market response.

He pointed out that it is necessary to systematically enhance capacity and work

power of the survey and research branches and conduct monitoring and inspection branch formed by the work committee through training.

He highlighted that training courses must be opened continuously for development of human resources for factories from industrial zones operating MSME

businesses.

Secretary of the Work Committee Deputy Minister for Industry U Yin Maung Nyunt reported on accomplishment of minutes of the previous meeting and work progress of the work committee.

Deputy Ministers U Yin Maung Nyunt, Daw Than Than Lin and U Win Shein read the reports to be submitted to the work committee.

Vice-Chairs of the work committee Union MInisters U Win Shein and Dr Charlie Than discussed implementation of the cotton, textile and oil crop measures in accord with the guidance of the Prime Ministers, implementation of policies of MSME, financial measures, and value-added products of agriculture and livestock farms and OROP tasks. Work Committee members Union ministers, the Nay Pyi Taw Council chair, chief ministers of regions and states, deputy ministers and scholars also discussed implementation of relevant sectors, display of MSME products at international expos, conducting of vocational courses, encouragement for development of domestic and foreign market research works, and procedures and frameworks of MSME development.

The Vice-Senior General gave concluding remarks after coordinating the discussions. — MNA/TTA

Source- The Global New Light Of Myanmar