Markets start doing normal business in Maungtaw

 October 29, 2017

Markets in Maungtaw region have started doing business as usual after a brief closure due to the terrorist attacks occurred on 25 August this year.

The Four-Mile market which has over 100 shops and Kanyintan market, mainly for vendors are busy as usual thanks to the gradual prevalence of peace and stability in the region. The Maungtaw Myoma Market with over 400 shopping booths will open soon.

“In the past there were private markets. Rakhine State government made an announcement to terminate them before the occurrence of terrorist attacks. After the attacks all markets were closed. But after the establishment of new villages, the markets will be opened in accord with the regional needs. Some private businessmen have opened their shops, but others have not yet. The Myoma Market will be opened only after the renovation and sanitation work have finished. The Township Development Committee and townselders will fix the opening date after holding a meeting,” said an official of the committee.

Maungtaw has the Myoma Market, the Four-Mile Market, other vendor markets owned by the Development Committee and 26 private markets operating under its permission.

“As there were a number of markets in Maungtaw before the occurrence of terrorist attacks, the price of a chicken is just around K 5000. But now it is about K 10000,: a local shop owner said.

After the establishment of news villages in the places of burnt-out villages, all the markets will be upgraded.

Thant Zin Win/Naing Lin Kyi

Ref; The Global New Light of Myanmar