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Application submitted for permission to invest in Marigold powder manufacturing industry

OneNews Editor Team by OneNews Editor Team
May 12, 2025
in Business
Reading Time: 1 mins read
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An application has been submitted to the Shan State Investment Committee for permission to make investment and operate a business producing Marigold powder in Shan State and export it.

The business will be operated by Myanmar Pureplant Extracts Company Limited to manufacture and export Marigold powder for animal feed.

The investment amount of the business is US$2.027 million, and it will create job opportunities for 10 foreign workers and 185 local workers.

In order to create job opportunities, acquire technology, increase trade and obtain financial resources in Shan State, investments must be invited, and it is important that investment projects that have already been proposed in the state do not experience a retreat, Chief Minister of Shan State U Aung Aung, who is also Chairman of the Shan State Investment Committee, said.

The Shan State Investment Committee has so far approved investment projects worth over 46 billion kyats including seven foreign investment projects with an investment value of US$ 16.163 million and 18 Myanmar-invested businesses with an investment value of over US$ 7 million, creating job opportunities for 1,513 local workers and 68 foreign workers.

Tags: DICA

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Domestic manufacturing sector attracts foreign investment of US$148 million

by OneNews Editor Team
February 21, 2025
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In the 10 months period from April to January of...

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Evidences to be submitted for company director changes

Yangon DICA approves three investment projects

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ရန်ကုန်၌ ပြင်းထန်ငလျင် လှုပ်ခတ်နိုင်ဖွယ် မရှိဟုဆို

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