YANGON, Sept. 27 (Xinhua) -- Myanmar Investment Commission (MIC) Friday approved six more investment projects from home and abroad, said a release from the Directorate of Investment and Company Administration (DICA).
Investment capital of over 143.9 million U.S. dollars and 2 billion kyats (1.8 million U.S. dollars) from the permitted projects entered the country's livestock, manufacturing, hotel and tourism, other services and mining sectors.
The projects will create 1,083 employment opportunities for local people, the DICA's release said.
Meanwhile, 1,806 foreign enterprises with over 81.59 billion U.S. dollars were permitted by the MIC from the fiscal year 1988-1989 to present fiscal year 2018-2019.
During the period, oil and gas, power and manufacturing sectors are in the top-three list with most foreign investments and Singapore, China and Thailand are the leading investors.
Regionally, the Yangon region attracted 60 percent of investments from both home and abroad, followed by Mandalay with 30 percent and the rest flowed into other regions and states.
