The Directorate of Investment and Company Administration reported that during the nine months of the 2023-24 financial year, the energy sector emerged as the recipient of the highest foreign investment, attracting over US$374 million.
Trailing closely behind were the manufacturing industry, which secured $112 million, and the transport and communications sector, with an investment of $77.8 million, between April and December 2023. In contrast, the service sector saw the least investment, only $0.809 million.
Overall, investments across seven sectors surpassed $602 million during this timeframe. However, the country witnessed a significant drop in foreign investment last month, receiving only $15 million. Myanmar’s investment landscape comprises seven key sectors: agriculture, livestock and fishery, manufacturing, energy, transport and communications, real estate, and service. — TWA/NT
