The best time: Businesspeople need to operate MSMEs
The government is responsible for providing financial support and connecting to foreign markets to ensure a stable market presence. Accordingly, the relevant ministries must collaborate with entrepreneurs to offer the necessary technology, human resources, technical knowledge, education, and dissemination.
Currently, the Ministry of Industry, in collaboration with various agencies, is organizing technical training sessions and discussion forums. They are working to develop MSME businesses and provide support in technology and human resources. Since the government is focusing on MSME development, now is a good time for entrepreneurs to train their workers to become skilled labourers and technically proficient employees.
Myanmar is a developing country striving to advance both agriculture and industry simultaneously. Therefore, it implements policies aligned with the country’s context and needs. In efforts to promote the growth of MSME businesses, addressing the shortage of skilled labour and producing competent workers is also a crucial task. Hence, the government offers various technical training programmes to enhance the skills of its workforce, ensuring the development of qualified personnel suitable for the workplace.
Now is the best time to operate MSME businesses in Myanmar due to strong financial and technological support from the government and the creation of favourable conditions. Therefore, businesspeople should avoid hesitation in managing their industries and actively, confidently follow the government’s leadership to both develop the nation’s industrial sector and increase their benefits.
As a nation, to ensure that MSME businesses are well-informed and able to sustain themselves in the long term, Myanmar has opened higher education schools specializing in industry, agriculture, and livestock for those who have successfully completed KG+9 (grade nine). Teaching young students agricultural and industrial technologies from an early age is an appropriate strategy for a developing country like Myanmar, striving for progress. In implementing suitable policies for the country, Myanmar looks to the practices of foreign nations as models. However, simply copying other countries’ approaches exactly will not be effective; policies must be adapted to fit the nation’s interests and circumstances.
Starting from the 2023-2024 academic year, since students who have completed KG+9 can now pursue vocational education, basic education schools teaching vocational subjects such as agriculture, livestock, and industrial technology have been established. In the 2025-2026 academic year, up to 89 basic education and higher vocational schools in industry, agriculture, and livestock have been opened across 88 districts. Moreover, recognizing the current era as a technological age, eight Polytechnic Universities have also been established to provide integrated education combining practical science subjects such as computer and technology studies.
Now is the best time to operate MSME businesses in Myanmar due to strong financial and technological support from the government and the creation of favourable conditions. Therefore, businesspeople should avoid hesitation in managing their industries and actively, confidently follow the government’s leadership to both develop the nation’s industrial sector and increase their benefits.
GNLM