Domestic investments mostly flow into real estate development sector

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An aerial view of downtown Yangon.  Photo: GNLM/Phoe Khwar

Since FY 1988-1989, domestic investments have reached Ks14.6 trillion so far, with the real estate development sector at the top of the list, according to the Myanmar Investment Commission (MIC).
The real estate development sector accounted for Ks2.9 trillion of domestic investments. The transport and communication sector placed second with investments of Ks2.69 trillion with 46 projects, followed by the manufacturing sector with estimated investments of Ks2.63 trillion from 764 projects.
A total of 110 enterprises were permitted by the MIC in the hotel and tourism sector which, attracted Ks1.46 trillion. Estimated citizen investments of Ks1 trillion went into the construction sector.
Domestic investments also flowed into sectors such as industrial estates, power, mining, livestock and fisheries, and agriculture.

 

Ko Khant

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