Invitation to invest in agriculture-based industries is given priority to attract more investment, said the Union Minister for Investment and Foreign Economic Relations, Dr. Wah Wah Maung.In addition to agriculture, the country will also invite investment in the oil and gas sector, mining sector, electricity generation and industrial production sectors, she said in response to media inquiries after the 17th Cambodia, Laos, Myanmar, Vietnam (CLMV) Economic Ministers’ Meeting held on November 7.
Although investment in Myanmar has declined compared to the past 10 years, investments are still flowing in, and there are countries interested in investing in Myanmar, the Union Minister said. In particular, neighboring countries, ASEAN countries, and Myanmar’s partner countries view Myanmar as a country with potential. Myanmar is strategically located and has access to South Asia, Southeast Asia. Myanmar is a promising country because it is located at a key location connecting China, which represents East Asia.
The Union Minister also said that the situation is expected to improve amid the political changes in Myanmar, and that a good investment environment will be created for domestic products to be exported and for businesses to invest in. According to the Department of Investment and Company Administration, 40 new foreign investment projects have entered Myanmar in the first half of the 2025-2026 fiscal year, with an investment amount of US$248.676 million.
