From October 1 to April 19 of this fiscal year, the imports of capital goods exceeded 3.150 billion US dollars, down over 374 million USD compared with the same period last year, according to the Commerce Ministry.
During the same period, the total import value amounted to over 9.828 billion USD.
From October 1 to April 5 of 2018-2019 fiscal year, the country saw an inflow of foreign investments worth over two billion USD, according to a press conference at the Directorate of Investment and Company Administration (DICA) in Yangon on April 23.
Thant Zin Lwin, Acting Director-General of the DICA said: “From October 1 to April 5 of 2018-2019 fiscal year, we allowed 147 foreign investments worth 1385.362 million USD. The total FDI including investment promotion reached 1909.200 million USD.”
The FDI granted according to the Special Economic Zone Law including investment promotion hit 121.070 million USD. Till April 5 of this fiscal year, the total FDI reached 2030.27 million USD.
The total FDI reached over 4.6 billion USD in 2011-12 FY, over 1.4 billion USD in 2012-13 FY, over 4.1 billion USD in 2013-14 FY, over eight billion USD in 2014-15 FY and 9.5 billion USD in 2015-16 FY.
Singapore stands first on the FDI list, with over 20.8 billion USD or over 26 per cent of the total FDI, China, second with over 20.3 billion USD or over 26 per cent of the total FDI.
