Myanmar Investment Commission approves 19 projects

中国东盟博览会CAEXPO2025-09-30 15:35:43

The Myanmar Investment Commission (MIC) approved four foreign investment projects and 15 local ventures on Friday, state-owned daily The Global New Light of Myanmar reported on Saturday.

These projects cover various sectors, including industry, services, electricity, transport, communications, as well as breeding and marine industries, and are expected to create 4,446 jobs for locals, the report said.

The total investment is valued at 109.63 million U.S. dollars and over 417.54 billion kyats (about 198.82 million U.S. dollars), it said.

As of the end of August 2025, among the 53 investing countries, Singapore, China, and Thailand are the leading countries with the largest foreign investments in the country, it added.

The MIC oversees and approves investment project proposals from locals and overseas, and serves existing investors under the Myanmar Investment Law, the report said.

Original title:Myanmar Investment Commission approves 19 projects, to create over 4,000 jobs

Source: Xinhua