Britain 4th place in foreign investment standing in Myanmar

Britain is listed fourth in foreign investment to Myanmar after investing more than US$ 256 million between January and September, according to Directorate of Investment and Companies Administration (DICA).

Britain has invested more than US$ 3 billion in 62 businesses and currently stands behind China, Thailand and Hong Kong. Total foreign investment to Myanmar is over US$ 43 billion.

British companies invested mainly in oil and natural gas, consumer goods production and transport sectors. The Myanmar Investment Commission (MIC) has allowed Leisure Holdings Asia Ltd. and HC (Asia) Holding Co. Ltd. from Britain the right to do business in Myanmar.

Source: ELEVEN Myanmar

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