Myanmar citizen investment reaches over Ks12,366 billion as of last December

A view shows the Myanmar industrial port terminal at the banks of the Hlaing river in Yangon, on 9 June, 2016. Photo: Reuters

THE amount of Myanmar citizen investment of permitted enterprises as of last December reached Ks12,366.630 billion in total, according to the Directorate of Investment and Company Administration.
About 18.96 per cent of total civilian investment came from the manufacturing sector, followed by the transport sector with 18.08 per cent, real estate development with 17.90 per cent, hotel and tourism with 10.93 per cent, construction with 7.63 per cent, industrial estate with 4.65 per cent, power with 3.69 per cent, mining with 1.12 per cent, livestock and fisheries with 0.54 per cent, agriculture with 0.41 per cent and others with 16.09 per cent.
The Myanmar Investment Commission granted a total of 1,224 business projects in 11 sectors.
The country’s production industry received over Ks2,344 billion in investments. The transport and property industry are listed in the top three with investments of Ks2,235.982 billion and Ks2,214.064 billion, respectively.
The citizen investment in 11 sectors in the last fiscal year hit over Ks11,624 billion, according to the DICA.—Khine Wah

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