The Yangon Region Investment Committee (YRIC) has approved two new investment projects to invest in the Yangon Region industrial sector. The two new projects were approved at the 4th/2025 meeting by the Yangon Region Investment Committee.
One 100% foreign investment and one joint ventures have been approved in the industrial sector. Out of these two businesses, one is to manufacture and distribute various types of wood-based wood planks and furniture, of which 20% will be exported and 80% will be sold domestically. Another project will manufacture and distribute various types of clothe under the CMP system. The capital of these businesses is US$1.577 million, and will create job opportunities for more than 1,000 local workers.
The submissions of three companies to increase their investment capital and general issues submitted by 12 companies were discussed and decided at the meeting by the Yangon Region Investment Committee. A total of 9 domestic and foreign investment projects including the two newly approved projects, have been running in Yangon Region.
