MIC nods eight enterprises to expand capital

Myanmar Investment Commission (MIC) gave a go-ahead to eight existing foreign and domestic-owned enterprises to expand capital of over US$16 million and nearly K10 billion at a meeting held on 6 November 2023.
The MIC has notified that it will prioritize the businesses executing manufacturing of cement, fertilizer, steel and electric vehicles, agriculture, livestock and related businesses, value-added food product businesses, pharmaceuticals and medical equipment manufacturing businesses, public transport businesses and oil crop production businesses. — TWA/KK