Investments have increased fivefold: Thein Sein

Myanmar President Thein Sein announced on Sunday that the number of local and foreign investments has increased fivefold between 2011-212 and 2012-2013.

Speaking at the Mandalay Region rural development and socioeconomic improvement discussion, he said there was US$1.4 billion of foreign investment across 94 industries, and more than 1.1 trillion kyat ($1.2 billion) of local investment in 65 industries, according to a report in state-run newspaper The New Light of Myanmar.

The president also called for more microfinance projects and for the promotion of cooperatives within communities to bring benefits to the poor, according to the state-run newspaper.

Source: Mizzima

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here