It has been found that land plots have been acquired by ministries and private companies for various reasons without operating factories and workshops, said Chairman of State Administration Council (SAC) Senior-General Min Aung Hlaing at the Economic Committee Meeting 8/2023 in Nay Pyi Taw on October 18.

In his address, the Senior General recounted that at a time when the market economic system was implemented, some enterprises under ministries were dissolved, and some enterprises were handed over to the private sector for operations or transformed into joint venture services. So, in the term of the previous government, some businesses being implemented by ministries were halted, causing burdens for the State, he added.

Some halted enterprises, factories and workshops of ministries have taken land plots for various reasons but they cannot manage operations. For the sake of the nation, these land plots should be taken by capable factories and organizations for manufacturing products, he continued.

The Senior General urged all to primarily manage manufacture required for the State and the operations must be aligned with prescribed policies as well as rules and regulations. Moreover, he underlined that these businesses must be handed over to the persons capable of actually managing the production with success.

He stressed the need to systematically calculate the necessary budgets to be demanded from the government in implementing the development projects, and in many other sectors such as transportation, health, education and so on and therefore adding that the State budget must be efficiently spent on the projects within the set period.

The meeting was also attended by SAC members Lt-Gen Yar Pyae, Lt-Gen Nyo Saw and U Shwe Kyein, Union ministers and deputy ministers together with region and state chief ministers through video conferencing.