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  Chinese President Xi Jinping has wrapped up his visit to Myanmar on 18 January with the singing of a few multi-billion dollar infrastructure deals, as part of China’s Belt and Road Initiative, including one particular deal for a strategically important port in the Indian Ocean. This opens up a plethora of new investments and business opportunities for Myanmar’s food, beverage and hospitality sector.  
  Source: https://www.scmp.com/news/china/diplomacy/article/3046694/chinese-president-xi-jinping-wraps-myanmar-visit-string  
  In total, the two countries signed 33 memorandums of understanding, agreements, exchange letters and protocols, 13 of which are related to infrastructure development. Both countries have also agreed to push forward plans to develop the China – Myanmar Economic Corridor, most notably the Kyaukphyu Special Economic Zone along the coast of the Bay of Bengal. Furthermore, the area is poised to be transformed into a vast industrial zone of garment and food processing industries.

In light of these developments, 2020 is the ideal period to capitalise on opportunities in Myanmar’s food, beverage and hospitality sector. MYANFOOD and MYANHOTEL 2020 – Myanmar’s No.1 International Food, Drinks and Hospitality Equipment and Supplies Show presents companies and brands a gateway to Myanmar’s fast developing HORECA market. The Expo will be held at the Myanmar Expo Hall, in Yangon from 5 to 7 November 2020. Over 200 exhibitors representing 15 countries are expected to join the Industry Show to showcase their latest products and equipment upfront to thousands of business owners from all over the country. MYANFOOD and MYANHOTEL 2020 will also feature Technical Workshops, Business Matching Programme, Live Cooking Demonstrations, Cooking and Hospitality Competitions, and New Product Launches.
  Don’t miss out on this amazing business opportunity. Contact Ms. Aye at aye@ambtarsus.com to book your preferred booth location today.  
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