MYANMAR Investment Commission approved nine foreign investment projects and 26 local ventures yesterday.
These 35 projects cover industry, oil and natural gas, hotels and tourism, service, electric, agriculture, livestock, marine, construction and mining sectors, and the total investment amounts US$72.865 million and K672,835.265 million, creating 9,220 jobs for locals.
State Administration Council Member Deputy Prime Minister General Mya Tun Oo, who is also Chair of the Myanmar Investment Commission, and commission members attended the meeting.
As of the end of June 2025, among the 53 investing countries, Singapore, China, and Thailand are the leading countries with the largest foreign investments in the country. Of 12 sectors, the power sector accounts for 28.33 per cent by drawing the most significant investments, followed by the oil and natural gas sector (24.68 per cent) and the industrial sector (14.54 per cent).
The Myanmar Investment Commission oversees and approves investment project proposals from locals and overseas, as well as serving existing investors under the Myanmar Investment Law. — MNA/KTZH
