Myanmar approves 60 investment projects for 2024

Previously permitted CMP system garment industry in Yangon Region. - File pic

YANGON: Myanmar's Yangon Region Investment Committee has approved 60 investment projects for 2024, which will create 29,290 job opportunities, the state-run daily Myanma Alinn reported on Sunday (Dec 29).

Among these, 17 projects are Myanmar-owned and 43 are foreign-owned, the report said.

Those projects are approved with a total capital amount of over 33 billion kyats (about US$15.71 million) and over US$53 million, respectively, it added.

Foreign investment in Myanmar mainly focuses on five sectors -- manufacturing, transport, electric power, agriculture, and livestock breeding. - Xinhua