Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Project

Myanmar permits 20 more investment enterprises

May 05, 2017


Abstract : Myanmar has permitted 20 more investment enterprises, creating 3,424 more job opportunities recently, the official Global New Light of Myanmar reported Thursday.

YANGON, May 4 (Xinhua) -- Myanmar has permitted 20 more investment enterprises, creating 3,424 more job opportunities recently, the official Global New Light of Myanmar reported Thursday.

The 20 enterprises include 11 Myanmar enterprises, seven joint ventures and two foreign-owned enterprises, the Myanmar Investment Commission was quoted as saying.

Over 160 million U.S. dollars of investments of 17 enterprises entered Myanmar, creating 9,478 job opportunities in the first week of April, the start of Fiscal Year 2017-18.

In the last fiscal year, the country attracted over 6.8 billion dollars' foreign inflow with the transport and communication sector topping the investment with 3.08 billion dollars, followed by manufacturing with 1.18 billion dollars, power with 909.883 million dollars, real estate with 747.62 million dollars and hotel and tourist with 403.646 million dollars, according to figures of the Directorate of Investment and Company Administration.

The country is expecting over 6 billion dollars of foreign direct investment in Fiscal Year 2017-18. Enditem

Scan the QR code and push it to your mobile phone

Keyword: investment enterprises Myanmar permit 20

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial