Hong Kong paper manufacturing company to invest in Bago

Bago City. Photo: East Rover/Flickr

A Hong Kong listed company is seeking to construct a paper production plant in Myanmar's southern Bago region, Xinhua reported on 21 May quoting state media.

Chairman of Lee & Man Paper Manufacturing limited, which is a Hong Kong-listed Chinese private papermaking company, told Bago Region Chief Minister U Win Thein that the company will use the waste from the production plant to generate electricity for the plant itself.

He said the production plant requires 3.4 million square-meters of area and will send 3,000 local residents of Bago to attend a one-year training course in China as part of the investment.

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