May 14, 2014

Foreign investment up to US$260 million in April

Foreign investment in April has amounted to nearly US$260 million, according to the Directorate of Investment and Company Administration.

Businesses from China, Hong Kong, Singapore, South Korea, Malaysia and the United Kingdom have made investments, especially in Myanmar’s manufacturing and tourism sectors.
The total foreign investment has reached US$ 46.5 billion by the end of April.

China is the largest investor in Myanmar, followed by Thailand. The majority of foreign investment goes to the energy sector, representing 41 percent of the total figure.

Myanmar has managed to create a total of 153,456 jobs over the last 3 fiscal years.

Source: Eleven Weekly Media