Sagaing Region Investment Commission approved over K 1.971 billion investment in poultry farms in Sagaing Region

The Sagaing Region Investment Committee has approved a local investment of over Ks1,971 million in running two poultry farms in Sagaing Region—one each in Butalin and ChaungU townships. 

The committee approved the investments made by Myanmar citizens in accord with the Myanmar Investment Law during its meeting (7/2020). 

May Kha Zaw Company Limited was allowed to invest Ks1,045.500 million in running a poultry farm and poultry distribution in Kanswe Village, Butalin Township, Monywa District. 

Likewise, the same company was allowed to invest Ks926 million in running a poultry farm and poultry distribution in Ngalonetin Village, ChaungU Township, Monywa District. 

The latest businesses approved by Sagaing Region Investment Committee will create 30 jobs. 

During the Covid-19 period, Yangon Region Investment Committee has also approved six businesses from China and Taipei  to invest over US$15.7 million in the industry sector such as manufacturing LED and lighting accessories and bags and clothes under the CMP system.  

(Eleven Media Group: https://elevenmyanmar.com/news/over-ks1971-bn-investment-in-sagaing-poultry-farms-approved )

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