Myanmar approves 7 new investments in June, creating over 3k jobs

Yangon, Myanmar. - Xinhua

YANGON: Myanmar's Yangon Region Investment Committee (YRIC) approved seven new investments in Yangon In June, which will create over 3,000 jobs, Xinhua quoted the state-run media Myanmar Radio and Television (MRTV) report on Friday (July 12), citing the YRIC.

Those investments are approved with a total capital amount of 4.023 billion kyats (about US$1.9 million) and US$4.845 million and 3,060 local job opportunities can be created, the report said.

These include three Myanmar-owned investments in the hotel services sector and four foreign-owned investments in the industrial sector, according to the YRIC. - Bernama