THE Myanmar Investment Commission (MIC) held its meeting (1/2022) at No. 18 Union Government Office in Nay Pyi Taw on 14 January.

Lt-Gen Moe Myint Tun, Chairman of the Myanmar Investment Commission and the MIC members attended. MIC gave the go-ahead to the expansion of capital by five existing enterprises and ten new projects in livestock and fishery, manufacturing, mining and services sectors. The overall investments amounted to US$241.79 million and over K806 billion. Those enterprises will employ 2,646 residents.

Myanmar has attracted foreign direct investment of more than $479.395 million from 19 enterprises as of mid-January 2022 since October 2021. The domestic investments made by Myanmar citizens have exceeded K1,048 billion and 20 enterprises were given the green light. Those en - terprises are to create 12,747 job opportunities.

 MNA

# THE GLOBAL NEW LIGHT OF MYANMAR