Myanmar’s manufacturing FDI surges

Myanmar’s manufacturing sector attracted over $81.7 million in foreign direct investments from 25 enterprises in the first half of fiscal year 2024/2025, as reported by the Directorate of Investment and Company Administration (DICA).

Chinese companies have been the primary drivers of this investment, focusing on manufacturing enterprises that require a substantial workforce. This strategy aligns with the government’s target to create more job opportunities for the local population.

The Myanmar Investment Commission approved 30 foreign projects from seven countries to invest $223 million in the past six months, boosting capital for existing enterprises.

Singapore was the largest foreign investor in Myanmar in the first half of the current fiscal year, with $87.74 million in foreign direct investment. Thailand and China followed closely behind.

Attribution: The Global New Light of Myanmar

Subediting: M. S. Salama