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April 19, 2019

Myanmar Investment Commission’s work in July and August of (April to September) fiscal year 2018

1. Myanmar Investment Commission is permitting local and foreign investments, according to Myanmar Investment Law.
2. Myanmar Investment Commission had permitted in July 2018 total foreign investment, including increased investment, valued at US$434.889 million, and in August 2018 total foreign investment, including increased investment, valued at US$436.921 million.
3. Foreign investments permitted during July and August of 2018 are as follows:

Sr. Sector

July

August

No. of

Investments

Capital

US$ million

No. of

investments

Capital

US$ million

a Transportation and communications sector 140.048* 130.000*
b Industrial sector 20 107.404* 8 113.576*
c Housing and building construction sector 1 22.500 1 170.200
d Hotels and tourism sector 1 0.271
e Animal husbandry and fishery sector 1 10.514 1 7.874*
f Other services sector 3 121.423 * 1 15.000
g Industrial zone construction sector 1 28.000
h Agriculture sector 1 5.000

Total

27 434.889 12 436.921

* Increased investment was included in the investment amount.

4. Myanmar Investment Commission had permitted in July 2018 total Myanmar national investment valued at Ks108,717.130 million, and in August 2018 total Myanmar national investment valued at Ks83,288.730 million.
5. Myanmar national investments permitted during July and August 2018 are as follows:

Sr. Sector

July

August

No. of

investments

Capital

Kyat million

No. of

investments

Capital

Kyat million

a Housing and building construction sector 1 2,490.422
b Industrial sector 6 58,335.020 3 7,641.598
c Hotels and tourism sector 5 2,833.420 4 59,632.260
d Mining sector 19,950.000*
e Animal husbandry and fishery sector 3 2,860.000
f Agriculture sector 1 700.000
g Other services sector 4 24,038.690 1 13,524.450

Total

19 108,717.130 9 83,288.730

* Increased investment was included in the investment amount.

6. Increased number of jobs for locals created sector-wise by foreign investments during July and August 2018 are as follows:

Sr. Sector

No. of jobs created for local workers

July August
a Agriculture sector 170
b Animal husbandry and fishery sector 122 176
c Industrial sector 14,442 1,411
d Hotels and tourism sector 25
e Housing and building construction sector 66 2,022
f Industrial zone construction sector 50
g Other services sector 2,069 48

Total

16,919 3,682

7. Increased number of jobs for locals created sector-wise by Myanmar national investments during July and August 2018 fiscal year are as follows:

Sr. Sector

No. of jobs created for local workers

July August
a Industrial sector 964 238
b Hotels and tourism sector 159 371
c Housing and building construction sector 18
d Animal husbandry and fishery sector 90
e Agriculture sector 19
f Other services sector 309 167

Total

1,541 794

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