Nestlé products to be made in Myanmar

Nestle will partner with Myanmar Distribution Group (MDG) to distribute its made-in-Myanmar products by the end of 2016, according to company officials. The Swiss giant plans to start working on its factory in Dagon Seikkan Industrial Zone within two months, pending approval of the venture by the Myanmar Investment Commission, said U Aung Maw Thein, […]

Myanmar approves new foreign investments in manufacturing sector

The Myanmar Investment Commission (MIC) approved new investments from six countries in the manufacturing sector between September 1 and 20, according to MIC reports. Businesses from Japan, Thailand, Singapore, Hong Kong, South Korea and the United Kingdom won the MIC’s approval to set up garment factories, automobile assembly plants, and manufacturing for construction materials. The […]

India to set up a Veneer unit in Myanmar

India-based Greenply Industries will set up a Veneer-Cum- Plywood Unit jointly with the Dagon Seikkan Industrial Zone in Yangon, commercial hub of Myanmar with totally investment, according to the reports of Myanmar Investment Commission (MIC). The MIC has allowed the permission to Greenply Industries to manufacture the finished wood products in June of this year. […]