Eight Chinese enterprises put $93.4 mln of FDI into Myanmar in past three months

20190424 155332 mk
The Directorate of Investment and Company Administration (DICA).

Eight China-listed enterprises brought in US$93.4 million into Myanmar between October and December 2021 of the six-month mini-budget period, according to data released by the Directorate of Investment and Company Administration (DICA).
China is the top source of FDI so far and Singapore is placed as the second-largest investor of Myanmar.
Those enterprises listed from China, Singapore, India, Republic of Korea, France, Hong Kong (SAR) and China (Taipei) also made investments this year.
Chinese companies primarily invested in the manufacturing sector.
Myanmar has drawn foreign direct investment of more than US$2.46 billion during the October-December period, including expansion of capital by existing enterprises and investments in the Thilawa Special Economic Zone, DICA’s statistics indicated.
Of 17 foreign enterprises permitted and endorsed by MIC and the respective investment committees in the half of the mini-budget period, 11 enterprises pumped FDI into the manufacturing sector. Agriculture, power, construction, hotels and tourism received each project and other service sectors attracted two projects. — KK/GNLM

Share this post
Hot News
Hot News
New Year donations lead to increase in pork and chicken sales
Severe day-night temperatures cause heat stroke emergencieswith shortness of breath and low blood oxygen
We all have to show off our solidarity by responding to instigation wedged into national brethren by external elements
Nay Pyi Taw abuzz with revellers as Thingyan festivities conclude
Diplomatic Thingyan Festival 2024 held in Yangon
Diplomats celebrate final day of Maha Thingyan Festival at Yangon City Central Pavilion, People’s Square
Daw Kyu Kyu Hla, wife of Senior General Min Aung Haing, enjoys water-throwing activities at pavilions in PyinOoLwin Station
New Year Ovada Katha for 1386 ME
Saraniya Ovada Katha on New Year occasion of Agga Maha Pandita Agga Maha Saddhamma Jotikadhaja Bhaddanta Candima Bhivamsa, Chairman of the State Sangha Maha Nayaka Committee Presiding Patron of Minkyaung Pahtamapyan Buddhism Learning Centre in Thanlyin of Yangon Region
New Year message from Rector of International Theravada Buddhist Missionary University Agga Maha Pandita Agga Maha Saddhamma Jotikadhaja Agga Maha Ganthavacaka Pandita Maha Dhammakathika Bahujana Hitadhara Dr Bhaddanta Hsekinda