The Myanmar Investment Commission (MIC) has approved 35 new investment projects—nine foreign and 26 local—worth approximately USD 72.87 million and MMK 673 billion so far this year. These projects span across key sectors including oil and gas, electricity, electric vehicle manufacturing, and garment production. An estimated 9,220 job opportunities are expected to be created.

This decision was made during MIC’s 4/2025 meeting, held on July 17 in Nay Pyi Taw. The meeting was attended by General Mya Tun Oo, who chairs the commission, along with other commission members. Discussions included increasing capital for existing projects, particularly in the manufacturing and energy sectors.

Among the approved projects are those focused on electricity generation, agriculture, EV production, service industries, food processing, and garments—sectors deemed essential for national development.

According to the Directorate of Investment and Company Administration (DICA), nearly USD 41 million in foreign direct investment (FDI) entered Myanmar in the first three months of the 2025–2026 fiscal year, with most going into manufacturing.

By sector, investments during this period include livestock and fisheries worth USD 2.5 million; manufacturing worth USD 35.76 million; and services worth USD 2.59 million totaling USD 40.85 million

In the previous 2024–2025 fiscal year, Myanmar attracted over USD 690 million in FDI. The oil and gas sector led with over USD 357 million, followed by manufacturing, energy, agriculture, and telecommunications.