Food deliverymen ride in downtown Yangon, Myanmar, April 11, 2020. As of late Friday, Myanmar has reported a total of 28 cases of infectious COVID-19, with three deaths. (Xinhua/U Aung)
YANGON, April 11 (Xinhua) -- The Myanmar Investment Commission (MIC) is planning to accept investment projects in manufacturing masks, pharmaceuticals and others which can contribute to the fight against the COVID-19 in the country, state-run media reported Saturday.
At present, of the investment proposals, the industry and labour based businesses are prioritized by the commission over other sectors, Director General Thant Sin Lwin of the Directorate of Investment and Company Administration (DICA) was quoted as saying.
Submission of the investment proposals to the commission is not affected, with no decrease in number amidst the COVID-19 outbreak, he added.
Meanwhile, Myanmar has attracted over 2.73 billion U.S. dollars of investment capital from 147 foreign enterprises in first half of present fiscal year 2019-2020.
Of them, the MIC has approved 118 foreign enterprises with investment capital of over 475.3 million U.S. dollars in manufacturing sector during the period.
As of late Friday, Myanmar has reported a total of 28 cases of infectious COVID-19, with three deaths.
