MYANMAR’S transport and communications sector attracted foreign direct investments of US$87.7 million in the first half (April-September) of the current financial year 2024-2025, including the expansion of capital by the existing enterprises, according to the statistics released by the Directorate of Investment and Company Administration (DICA). The Myanmar Investment Commission gave the green light to 30 foreign projects from various countries including China, Hong Kong SAR, India, Indonesia, and Thailand to make investments of $223 million in the past six months, adding increased capital by the existing enterprises.
The transport and communications sector pulled $87.7 million with a capital expansion of $82.66 million this FY. The manufacturing sector drew $81.225 million, and the services sector received $44 million. The power sector brought in FDI of $8.5 million, while investments of less than one million flowed into the agriculture sector, respectively.
Singapore has so far invested $87.74 million of FDI in the H1 of the current FY, followed by Thailand and
China. There are 2,485 permitted foreign projects from 53 countries under the Myanmar Investment Law and the Special Economic Zone Law as of September 2024. Of them, 1,958 from 48 countries are existing projects, with China, and Hong Kong SAR as the leading investors in the country so far.
Source: The Global New Light of Myanmar