Myanmar Investment Commission (MIC) has approved underwear plant project worth USD $ 1 million which expected to create 889 job opportunities

Myanmar Investment Commission has approved a $1 million investment proposal to build an underwear plant.

The project was approved by the Yangon Regional Investment Committee, which has been approving foreign and local investment proposals aiming to bring investments during the Covid-10 period.

The committee attended by the Chief Minister of Yangon Region held its meeting via video conferencing.

The plant invested by a Hong Kong-based investor will build a garment factory that will make underwear under the CMP system.

The $1.42 million project is expected to create 889 jobs for local people.

(Myanmar Business Today: https://mmbiztoday.com/mic-approves-1-million-underwear-plant-project/ )

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