Tuesday 12 February 2013

Human skill development Myanmar

Asian Development Bank (ADB) planned to provide US$50 million to Myanmar for developing education, rural and urban development, tourism, non-government organization, business projects and technical assistance, according to Mr. Haruhiko Kuroda, President of ADB and the Chairperson of ADB's Board of Directors.

It is the first time for the president of ADB to visit Myanmar after the bank establish working relations with the current administration. The bank chairperson met with Thein Sein and the senior government officials during his visit.


He promised to help for Myanmar reformed plan and discussed the officials with which sectors Myanmar are needed. He believed that Myanmar will implement to economic development if ADB aimed mainly to develop human skill development, The ADB president said.

“ADB will use US$23 million to provide technical assistance for upgrading human resources and organizations. We will mainly use the fund to develop social organizations in addition to rural development, HIV/AIDS sector and urban development. The ADB will spend US$17 million as microfinance to construct basic infrastructure,” Mr. Kunio Senga, Director General of ADB said.

Myanmar’s GDP is developing to 7% to 8% annually and Myanmar will be a middle income country, according to ADB analysis.

source: Eleven Myanmar
http://elevenmyanmar.com/national/2433-human-skill-development-myanmar

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