Foreign direct investment (FDI) will play a crucial role for Myanmar in its bid to catch up and keep pace with regional development, but companies still need responsible long-term investors, says a high-ranking official from that country.
Set Aung, the deputy minister for national planning and economic development, said environmental protection is a top priority for sustainable development.
''We can't have 100% economic development at the expense of the environment, but we also can't have the opposite. We have to tap into [clean] technology to assure a balanced investment,'' he said yesterday.
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