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Nearly 80 foreign enterprises permitted to run in Myanmar's Yangon

Release Date: August 23, 2018

 

 

A total of 79 foreign enterprises from 11 countries have been permitted by the Yangon Region Investment Committee (YRIC) so far to run in Yangon.

The 112.65-million-U.S. dollar investment from the enterprises entered the sector of manufacturing pharmaceuticals, vehicles, container boxes and garments on Cutting, Making and Packing (CMP) basis in Yangon region. China, Singapore, Japan, South Korea and Vietnam are the main investors in the region.

The new Myanmar investment law which started to enforce on Aug. 1 allows foreign investors to take up 35 percent in local companies.

Read the full article : http://www.xinhuanet.com/english/2018-08/17/c_137397920.htm

Source: Xinhua 2018-08-17 15:29:08 Editor: zh

 

 

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