THE Myanmar Oriental Bank (MOB) and Ayeyawady Region Chambers of Commerce and Industry (ARCCI) signed a Memorandum of Understanding on business cooperation on 31 January 2026 to enhance businesses in Ayeyawady Region.
Micro, small and medium enterprises engaged in the agriculture and livestock sectors in Ayeyawady Region will get access to financial support from MOB. This collaboration is aimed at increasing the Gross Domestic Product of the region and creating job opportunities for locals.
Additionally, companies and business owners are also invited to invest in the region. Ayeyawady Region is reputed as the rice bowl of the country. Investors primarily incline towards agricultural businesses and garment manufacturing in the region. As it is peaceful and easily accessible from the commercial hub, Yangon, the investments in the agriculture and livestock sectors have grown. Some businesses seek permits to use farmland by other means. Efforts are being exerted to ensure the supply of electricity at full capacity for investment businesses. — ASH/KK
