Domestic investments top USD 500 million in current fiscal year

According to a press release from the Myanmar Investment Commission (MIC), between October 1st and January 24th, in the 2019-2020 financial year, domestic investments made by Myanmar citizens reached MMK 748 billion – over USD 500 million – including capital expansion of existing enterprises.

Domestic investments flowed into real estate, manufacturing, hotels and tourism, construction, industrial estate, energy, mining, livestock and fisheries, agriculture, and other services sectors, according to figures provided by the Directorate of Investment and Company Administration and reported by The Global New Light of Myanmar.

Leave a Reply

Your email address will not be published.