Investment capital of over USD 2.73 billion from permitted foreign enterprises have entered Myanmar in first half of fiscal year 2019-2020 which started in October, according to figures issued by the Directorate of Investment and Company Administration (DICA).

The Myanmar Investment Commission (MIC) gave the go-ahead to 147 foreign investment enterprises from Oct 1st, 2019 to March 31st, 2020. The oil and gas sector represented 27% of the foreign investment, followed by the power sector with 26% and manufacturing with 14%. Singapore, China and Thailand were the top 3 countries or origin respectively. Regionally, the Yangon region attracted 60% of investments from both home and abroad, followed by Mandalay region with 30% with the rest flowing into other regions and states.