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Foreign Investments in Yangon

· Investments,Economy

Myanmar's Yangon Region Investment Committee (YRIC) allowed 43 foreign enterprises with USD 56.2 million investments. Most of the investments, flow into manufacturing sector, pharmaceuticals, vehicle, container boxes and garment production on Cutting, Making and Packing (CMP) basis. The region attracted USD 6.57 million from six domestic projects and it created more than 23,250 jobs opportunities for locals of foreign and local enterprises.

60% of investment flows into Yangon region by both local and foreign enterprises, 30% into Mandalay, and the rest into other regions and states.

http://www.xinhuanet.com/english/2019-01/10/c_137733764.htm

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