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Labrish
Nyuuz
Myanmar takes foreign cash for a few lousy jobs
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[QUOTE="Munyaradzi Mafaro, post: 61699, member: 636"] Myanmar's investment authority sanctioned 19 new business ventures during Wednesday's session. The commission granted approval to four international projects alongside 15 domestic enterprises across multiple economic sectors. Union Minister U Mya Tun Oo presided over the proceedings as commission chairman with fellow members present. The approved ventures will generate 4,446 employment opportunities for Myanmar citizens. Combined capital commitments reach $109.626 million plus K417,542.12 million spanning industry, services, power generation, transportation, communications, breeding and marine activities. Singapore maintains its position as the nation's largest foreign investor through August 2025, followed by China and Thailand among 53 participating countries. Power generation attracts the highest investment share at 28.32 percent of total foreign capital. Oil and natural gas operations account for 24.68 percent, while manufacturing represents 14.58 percent of investments under the Myanmar Investment Law framework. [/QUOTE]
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Labrish
Nyuuz
Myanmar takes foreign cash for a few lousy jobs
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