Over 90 investment enterprises enter Myanmar's Yangon region

Source: Xinhua| 2018-09-30 13:37:17|Editor: ZD
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YANGON, Sept. 30 (Xinhua) -- Myanmar's Yangon Region Investment Committee (YRIC) has permitted 92 investment enterprises from 10 foreign countries so far, the official Global New Light of Myanmar reported Sunday.

The enterprises are those from 10 foreign partner countries including China, Singapore, Japan, South Korea and Vietnam.

A total of 129.13 million U.S. dollars from the permitted enterprises entered the manufacturing, hotel services and other services sectors, creating over 43,624 job opportunities in the Yangon region.

Enterprises entering Yangon region's manufacturing are engaged in pharmaceutical manufacturing, vehicles, container boxes, and garment production on Cutting Making and Packing (CMP) basis.

The Yangon region mainly attracts 60 percent of both local and foreign investments, followed by Mandalay with 30 percent and the rest flows into other regions and states.

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