More than US$2.5 billion of foreign investments are allowed during May and electricity sector topped the list of foreign investments with over US$2.4 billion in that period, according to Directorate of Investment and Companies Administration (DICA).

Over US$130 million of foreign investments entered in transportation and telecommunications sector. Foreign investors accepted over US$3.82 million in Thilawa SEZ.

No foreign investment entered in April, according to statistics from the DICA.

Foreign investors invested in production, transportation and telecommunications, real estate, electricity, hotel and tourism, livestock and fishery, implementation of industry zone, oil and natural gas, agriculture, mining and services sectors.

More than US$29 billion worth of foreign investments entered Myanmar from 2016-17 FY to May 2021.

The investment amounts in sectors in fiver-year time are as per following: US$6.461 billion in production sector, US$6.269 billion in transportation and telecommunication’s sector, US$3.624 billion in real estate sector, US$6.294 billion in electricity sector, over US$806 million in hotel and tourism sector, over US$471 million in livestock and fishery sector, over US$418 million in implementation of industry zone sector, over US$363 million in oil and natural gas sector, over US$191 million in agriculture sector, over US$11 million in mining sector and US$2.737 billion in services sector respectively.

More than US$91 billion worth of foreign investments are entered from 1988-89 FY to May 2021, according to the DICA.

Plans are underway to develop and announce the Standard Operating Procedures (SOPs) of the Investment Cooperation Group, said Aung Naing Oo, Union Minister for Investment and Foreign Economic Relations.

Barriers and challenges for investors must be dealt in accordance with the law, according to the ministry.