93 investments logged in Mon State within three years

A total of 93 foreign and domes­tic investments have entered and operated in Mon State, ac­cording to head of the Mon State Directorate of Investment and Company Administration U Tin Tun Aung,


A total of 56 businesses owned by Myanmar nationals amounting to K934,758.248 mil­lion and 37 foreign investments amounting to US$5,136.396 million are being operated in Mon State from 2021-22 FY to 2023-24 FY. Those investments employed 4,487 individuals, the report indicated.


“The Mon State Investment Committee’s 1/2024 meeting green-lighted the manufactur­ing of motorcycles that Min Oo Motor Myanmar Co Ltd will operate with full Myanmar na­tional investment and extension of developing stage of the busi­ness of purification, upgrading, manufacturing and exporting of rubber that will be run by M Rubber Co Ltd with full Myan­mar national investment in last January,” U Tin Tun Aung said.


The Mon State Investment Commission’s 1/2024 meeting was held on 31 January 2024 at the office of the Mon State Gov­ernment, and it was attended by the Chairperson of the Mon State Investment Commission Mon State Chief Minister U Aung Kyi Thein and committee members, and investors.


The Mon State Investment Committee has been permitting Myanmar national and foreign investments to create job oppor­tunities within Mon State as per rules and regulations. — ASH/ TMT