Vice President U Henry Van Thio arrived in Mon State yesterday morning and inspected Thaton Industrial Zone.
The Vice President, together with Union Minister U Khin Maung Cho, Deputy Minister Maj-Gen Aung Soe and officials arrived at the Thaton Industrial Zone and toured the constructed buildings and inspected works underway. No. 3 Heavy Industries Enterprise Managing Director Dr. Soe Naing explained about processes underway to transform Caustic soda plant (Thaton) to Industrial Zone (Thaton), construction of basic infrastructure buildings, electricity and water systems, had discussions about generating electricity with Solar Process technology, also explained about inviting local and foreign investors for expression of interest to invest, and business proposals for investment, selection process and job opportunities.
The Vice President gave suggestions to include local raw materials based industries in the Industrial Zone (Thaton), strive for the best result by reviewing the strengths, weaknesses and experiences of past industries, creating job opportunities for locals and to train them in order to work.
Next, the Vice President and party were explained about a project to generate electricity with Solar Process technology by officials of Energeia Asset Management (EAM) company in the Industrial Zone (Thaton) meeting hall after which the Vice President inspected a building where solar panels were installed and a building (garment factory) where garments will be produced.
Local and foreign industrialists were invited to transform the 678 acre factory into an Industrial Zone (Thaton) and 7 companies had submitted proposals. A group consisting of experts from the Ministry of Industry had been assessing the proposals and industries that benefit the country, develop the region and create job opportunities would be given a priority in the selection.
Proposals include producing medicines from plants, soft drink manufacturing from fruits and roots, dried fruits manufacturing, high quality processing of local rubber, garment factory, rubber and related products manufacturing. These were assessed for speedy implementation.
Detailed studies were conducted on the proposed plan using Solar Process technology to generate 30 MW for the Industrial Zone (Thaton). If this plan could be implemented successfully, it can provide electricity to factories in the Industrial Zone (Thaton) as well as supply the excess electricity to the national grid, it is learnt.
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