THREE new foreign direct investment valued at US$35.778 million flowed into Myanmar, according to the Myanmar Investment Commission.
Including the three new businesses, the MIC meeting held on 16 May approved both domestic and foreign investment businesses such as: the manufacturing of solar panels and related accessories, installation of power cables and related services, the preparation and production of instant foods, garment manufacturing under the Cutting, Making, Packaging (CMP) system, the production of iron and steel-based materials, and other business activities including the aforesaid newly-invested businesses.
According to information provided by DICA, foreign investment is currently permitted in the industrial and service sectors, including the capital expansion in existing investment businesses. At present, among 12 economic sectors, the highest levels of foreign investment are put in the energy sector accounting for 28.34 per cent, the oil and natural gas sector for 24.69 per cent and the manufacturing sector for 14.49 per cent.
Singapore, China, and Thailand among 53 countries and regions remain the top three countries at the highest investment levels in Myanmar till the end of April 2025. — Htun Htun/TTA
