20 domestic enterprises, 11 foreign projects greenlit in Mon State in April

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A factory located in the Kyauktan industrial complex in Mawlamyine, Mon State.

The Mon State Investment Committee (MSIC) gave the green light to 20 domestic enterprises and 11 foreign enterprises to invest in the region in April, creating 4,487 jobs for locals, according to the MSIC’s meeting held on 20 May.
The foreign enterprises will invest US$15.456 million in the region, while domestic investments made by Myanmar citizens amounted to K70.388 billion. Additionally, the existing enterprises were found to expand capital in April.
The committee is exerting continuous efforts to create job opportunities for the locals by endorsing domestic and foreign enterprises in accordance with the existing laws and rules.
As Mon State is strategically located, the committee is prioritizing spurring the investments, supporting existing businesses, attracting new investors, increasing job opportunities in the region and enhancing the socioeconomy of the local community. — ASH/EM

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