ADFIAP joins partners for EU SMART Myanmar steering committee meeting, work planning

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Smart Myanmar PlanningADFIAP, represented by its Secretary General Mr. Octavio B. Peralta, joined its partners for the first steering committee meeting and work planning for the SMART Myanmar project in Yangon on November 27-28, 2013.

ADFIAP is part of a consortium of implementing partner-institutions of the project called, “SMEs for Environmental Accountability, Responsibility and Transparency Myanmar” or 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 Union of Myanmar Federation of Chambers of Commerce in Myanmar Business (UMFCCI) and the Myanmar Garment Manufacturers Association (MGMA). Associate partners of project are Germany’s GIZ and the Netherlands’ CBI (Center for Promotion of Imports from Developing Countries).

Aside from the meeting and the work planning session, the mission to Myanmar also afforded ADFIAP to meet with consortium partners to harness more synergies and complementation in the implementation of the project as well as engage with the Myanmar Bankers Association (MBA) on green financing capacity-building program.

The 3-year project , funded by a grant from the European Commission under its SWITCH-Asia Programme specifically aims to improve the competitiveness and resource-efficient production and consumption of sustainably-manufactured garments from Myanmar. ADFIAP’s main role is to provide technical assistance, particularly in financing areas, to key stakeholders of the project, i.e., the chamber of commerce and industry, the garment association, banks and SMEs. ADFIAP hopes that the experience gained from the project can be shared to its member-development finance institutions (DFIs) in the region.

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