ADFIAP joins EU partners in project mission to Myanmar

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MyanmarIn furtherance of its work and advocacy on sustainable development, ADFIAP is a part of a consortium of partner-institutions in an EU grant project called, “SMEs for Environmental Accountability, Responsibility and Transparency Myanmar” (SMART Myanmar). The consortium, led by sequa gGmbH of Germany, also includes UK’s Sheffield Chamber of Commerce and Industry, Germany’s Gesamtverband (Confederation of the German Textile and Fashion Industry), the Republic of the Union of Myanmar Federation of Chambers of Commerce in Myanmar Business (UMFCCI) and the Myanmar Garment Manufacturers Association (MGMA).

A pre kick-off mission organized by Sequa in Yangon from January 9-11, 2012 was joined by the above partners that met to prepare the project’s work plan, consulted with other stakeholders and visited garment factories. ADFIAP was represented in the mission by its Secretary General, Mr. Octavio B. Peralta, who also took the opportunity to visit the Myanmar Banks Association (MBA) for its cooperation to the project. The project will officially be presented to the Myanmar public in March.

The 3-year project, funded by a grant from the European Commission under its SWITCH-Asia Programme, specifically aims to improve the production and consumption of sustainably-manufactured garments from Myanmar. ADFIAP’s main role is to provide technical assistance, particularly in financing topics, to key stakeholders of the project, i.e., the chamber of commerce and industry, the garment association, banks and SMEs. ADFIAP will also assist in project’s visibility actions, stay in regular contact with partners and stakeholders, monitor implementation of its activities and objectives, and prepare regular financial and technical reporting. ADFIAP hopes that the experience gained from the project and its constituencies can be shared to its member-development finance institutions in the region.

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