Foreign investment highlights talks between top leaders of Myanmar, Singapore

Foreign investment has highlighted talks between Myanmar President U Thein Sein and visiting Singaporean counterpart, Dr. Tony Tan Keng Yam, during their meeting in Nay Pyi Taw, official media reported Tuesday.

U Thein Sein invited Singaporean entrepreneurs through Tan to invest in Myanmar, saying that the country is in need of capital, technology and human resources while implementing economic reform process for development.

He cited that Myanmar's foreign investment law has been enacted and the United States and the European Union has eased sanctions against the country.

Tan thanked U Thein Sein for opening green light for Singapore to open a technical training school in Myanmar which he said would be of great benefit to Myanmar youths.

The two presidents also exchanged views on education, housing construction and human resources development. On Monday, Tan also met with opposition leader Aung San Suu Kyi, chairperson of the Committee for Rule of Law and Tranquility of the Lower House, at Aureum Palace, the report added.

Tan arrived in Nay Pyi Taw Monday on a five-day state visit to Myanmar, the first to the country of a Singaporean top leader to deepen ties with Myanmar in the process of its democratization and reform. It is Tan's return visit to that to Singapore made by his Myanmar counterpart U Thein Sein in January 2012.