Myanmar has received USD 2.6 billion of foreign direct investment in the first four months of this fiscal year

The amount of foreign investment in the first four months of this fiscal year 2015-16 stands at $2.6 billion, according to the Myanmar Investment Commission (MIC).

The amount of investment is more than three times the $0.7 billion invested in the same period of the 2014-15 fiscal year.

Investors from 36 countries have made investments in the 2015-16 fiscal year. The country that invested most is Singapore with $1.6 billion in investments.

The sector with the most foreign investments is the oil and natural gas industry. Netherlands has invested the most in this sector.

The MIC is operating with its main office in Yangon and four branch offices. It will open four more branch offices in 2015-2016 fiscal year.

The current offices are located in Yangon, Naypyitaw, Mandalay, Taunggyi and Mawlamyine.

More branch offices of the Commission will be opened in Monywa, Pathein, Dawei and Magway, according to the Commission.

The amount of foreign investment in the first four months of this fiscal year 2015-16 stands at $2.6 billion, according to the Myanmar Investment Commission (MIC).

The amount of investment is more than three times the $0.7 billion invested in the same period of the 2014-15 fiscal year.

Investors from 36 countries have made investments in the 2015-16 fiscal year. The country that invested most is Singapore with $1.6 billion in investments.

The sector with the most foreign investments is the oil and natural gas industry. Netherlands has invested the most in this sector.

The MIC is operating with its main office in Yangon and four branch offices. It will open four more branch offices in 2015-2016 fiscal year.

The current offices are located in Yangon, Naypyitaw, Mandalay, Taunggyi and Mawlamyine.

More branch offices of the Commission will be opened in Monywa, Pathein, Dawei and Magway, according to the Commission.

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