Indonesian State-owned bank Bank Negara Indonesis (BNT) planned to open a branch in Myanmar, Indonesian Economic Cooperation Minister Hatta Rajasa said.
The BNT is conducting surveys and arrangements to launch the branch office in Myanmar, he said.
Myanmar’s officials offered the BNT bank to invest in cement production and coal power generating sectors, he added.
The minister met business associations and Myanmar President Thein Sein during his visit in Myanmar. He discussed the matters related to promotion of trade, bilateral relations and economic sectors between the two countries.
Source: Eleven Media