British firms invest in power sector

British companies have signed deals with local counterparts to invest in the electricity sector during a trip by Myanmar officials to London, according to an embassy announcement last week. The deals come following the widely-touted success of the United States’ APR Energy plant it set up in Mandalay Region on June 6. The two recent […]

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 […]