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Reuters-Myanmar appoints new execut

Subject: Reuters-Myanmar appoints new executives to investment body 

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Myanmar appoints new executives to investment body=20
06:45 a.m. Dec 10, 1999 Eastern=20
YANGON, Dec 10 (Reuters) - Myanmar's ruling military council has =
appointed three new executives to run the country's investment =
commission after their predecessors retired last month, an official at =
the investment office said.=20

The ruling State Peace and Development Council government appointed =
Minister of Science and Technology U Thaung as chairman of the Myanmar =
Investment Commission (MIC) and Minister of Electric Power Maj-Gen Tin =
Htut as vice chairman, said an MIC official who asked not to be =
identified.=20

Deputy Minister of Electric Power Brig-Gen (Army) Maung Maung was =
appointed the MIC's secretary, the official said.=20

The MIC is in charge of foreign investment policy procedure in the =
country.=20

Although the appointment of the new MIC executive committee has not been =
publicly announced, both U Thaung and Brig-Gen (Army) Maung Maung had =
attended a contract signing ceremony with a Thai firm to build a hotel =
in Yangon on Thursday.=20

U Thaung was expected to retain his portfolio as science minister and =
Maj-Gen Tin Htut would retain his position as the minister for =
electricity, analysts said.=20

But Brig-Gen (Army) Maung Maung was thought to be giving up his post as =
the deputy minister for power to work full-time at the MIC office, they =
said.=20

The Army brigadier general was appointed to the new position succeeding =
Brig-Gen (Air) Maung Maung, who resigned as the minister to the junta =
chairman's office, and automatically relinquished his post at the MIC.=20

Two deputy premiers, Vice-Admiral Maung Maung Khin, 70 and Lt-Gen (Air) =
Tin Tun, 69, resigned the MIC positions they had held since the =
commission's formation a decade ago because of their age, local analysts =
believed.=20

But each still holds the position of deputy premier.=20





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<DIV><FONT face=3DArial size=3D2><FONT size=3D+1><STRONG>Myanmar =
appoints new=20
executives to investment body</STRONG></FONT> <BR>06:45 a.m. Dec 10, =
1999=20
Eastern=20
<P>YANGON, Dec 10 (Reuters) - Myanmar's ruling military council has =
appointed=20
three new executives to run the country's investment commission after =
their=20
predecessors retired last month, an official at the investment office =
said.=20
<P>The ruling State Peace and Development Council government appointed =
Minister=20
of Science and Technology U Thaung as chairman of the Myanmar Investment =

Commission (MIC) and Minister of Electric Power Maj-Gen Tin Htut as vice =

chairman, said an MIC official who asked not to be identified.=20
<P>Deputy Minister of Electric Power Brig-Gen (Army) Maung Maung was =
appointed=20
the MIC's secretary, the official said.=20
<P>The MIC is in charge of foreign investment policy procedure in the =
country.=20
<P>Although the appointment of the new MIC executive committee has not =
been=20
publicly announced, both U Thaung and Brig-Gen (Army) Maung Maung had =
attended a=20
contract signing ceremony with a Thai firm to build a hotel in Yangon on =

Thursday.=20
<P>U Thaung was expected to retain his portfolio as science minister and =
Maj-Gen=20
Tin Htut would retain his position as the minister for electricity, =
analysts=20
said.=20
<P>But Brig-Gen (Army) Maung Maung was thought to be giving up his post =
as the=20
deputy minister for power to work full-time at the MIC office, they =
said.=20
<P>The Army brigadier general was appointed to the new position =
succeeding=20
Brig-Gen (Air) Maung Maung, who resigned as the minister to the junta =
chairman's=20
office, and automatically relinquished his post at the MIC.=20
<P>Two deputy premiers, Vice-Admiral Maung Maung Khin, 70 and Lt-Gen =
(Air) Tin=20
Tun, 69, resigned the MIC positions they had held since the commission's =

formation a decade ago because of their age, local analysts believed.=20
<P>But each still holds the position of deputy premier.=20
<P><BR></P></FONT></DIV></BODY></HTML>

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