Investors from Japan, China, Korea, Thailand and Hong Kong are becoming interested in the manufacturing and infrastructure projects in Myanmar, said Zaw Min Win, President of Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).

In addition, some European countries have also pitched further investments in Myanmar, mainly in the education sector.

“For instance, Germany wants to invest in Myanmar. I want developed countries to invest in the education sector”, he added.

Until October 2018, China invested over US$ 20 billion, Japan, over US$ one billion, Hong Kong, about US$ 790 million and Thailand, over US$ 11 billion, according to Directorate of Investment and Company Administration.

A total of 49 countries have invested in Myanmar. China has topped the list of foreign investments, followed by Singapore.