The enterprises, which will create over 1,300 local employment opportunities, were given the go-ahead at the commission's meeting held on Friday.
With investment capital of US$257.8mil and 60.2 billion kyats , the permitted enterprises engaged in the country's power, manufacturing, hotel and other services sectors, respectively. Meanwhile, the commission approved 39 foreign enterprises with investment capital of over US$1bil in first two months of present fiscal year 2019-2020 which started in October, the DICA's figures said.Sectorally, oil and gas, power and manufacturing sectors are in the top-three list with most foreign investments during the period.
Regionally, the Yangon region attracted 60% of investments from both home and abroad, followed by Mandalay with 30% and the rest flowed into other regions and state. - Xinhua/Asian News Network
Yangon akan mendahului malaysia...