MANDALAY Region Investment Committee (MRIC) gave the green light to two domestic enterprises invested by Myanmar citizens, creating 83 jobs for locals.

Those businesses will pump K112.44 million of capital into the manufacturing and service sectors, according to an MRIC meeting held in mid-June.

Additionally, MRIC also allowed some enterprises to extend construction periods, increase capital, and change business types.

Furthermore, there is a capital expansion and an increase in the labour force of the existing enterprises in June. The regional investment committee has been endorsing investment projects in accordance with rules and regulations under the Myanmar Investment Law to spur investments and create more job opportunities.

ASH/ KK

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