Foreign firms have invested over $1bn in Thilawa SEZ

Foreign businesses invested more than US$1.075 billion in the Thilawa Special Economic Zone between November 2014 and June 2017, with over $773 million, or 71 per cent, in industrial the industrial sector, according to the Directorate of Investment and Companies Administration. Among the remainder of the foreign investment, $101.2 million went to the commodity trading […]

FDI in estate business soars to $1.3 bn

Foreign investment in housing development sector has surged to US$1.3 billion as of October with Singapore and Hong Kong investors topping the list, according to Myanmar Investment Commission (MIC). “Foreign investment goes mainly into the hotel and real estate business and Singapore and Hong Kong come first,” said Aung Naing Oo, the secretary of the […]