The Myanmar Investment Commission has approved a total of nine new Myanmar and foreign investment projects in the domestic industrial and service sectors.
These projects were approved at the 3/2025 meeting of the Myanmar Investment Commission. Three new foreign investment projects were approved in the industrial and service sectors and six new Myanmar investment projects in the industrial sector. The investment value of these projects is US$35.778 million and over 30,000 million kyats, according to the MIC.
The approved projects include manufacturing of solar and related equipment, electricity transmission, manufacturing of ready-to-eat food, garment manufacturing under CMP system, manufacturing of iron and steel-based materials and other projects. These projects are expected to create job opportunities for more than 970 workers locally.
Until the end of April 2025, there were 53 countries and regions investing in Myanmar with Singapore, China and Thailand making the largest investments. Of the 12 economic sectors, the energy sector accounted for 28.34 percent of total investment, the oil and gas sector for 24.69 percent and the manufacturing sector for 14.49 percent respectively.
