date:May 16, 2012
quality is lower due to out-dated technology and a weak basic infrastructure.
The Myanmar government wants investors to develop this sector,he said, and the country is in the process of revising measures to promote overseas investment in the food-processing sector.
The government is drafting a new investment act that will waive corporate income tax for a period of eight years, up from the existing three years, and lowerthe tax on profit made from exports by 50%.
A lucrative trade relation