Myanmar's foreign investment in industrial zones surpasses $621 million by April 2024

Myanmar's foreign investment in industrial zones surpasses $621 million by April 2024
Published 12 June 2024

By the end of April 2024, foreign investment in Myanmar’s industrial zones amounted to over US$621.782 million, according to the Directorate of Investment and Companies Administration.

From April 2022 to the end of March 2023, foreign investments in Myanmar included $1158.744 million including an increased investment from Singapore, $1.5 million from Belize, $1 million including an increased investment from Bangladesh, $161 million from China, $4.414 million including an increased investment from Taipei, $169.568 million including an increased investment from Hong Kong, $1.545 million including an increased investment from India, $21.476 million including an increased investment from Japan, $53.149 million including an increased investment from South Korea, $2.389 million including an increased investment from Samoa, $0.338 million including an increased investment from Seychelles, $4.677 million including an increased investment from Switzerland, $98.350 million including an increased investment from Thailand, $2.056 million from the UK, and $0.300 million from Vietnam. In total, foreign investments amounted to $1640.667 million.

In the six months of the 2021-2022 fiscal year (Mini Budget), foreign investments included $297.349 million including an increased investment from Singapore, $142.137 million including an increased investment from China, $8.641 million including an increased investment from Taipei, $0.497 million from France, $109.140 million including an increased investment from Hong Kong, $0.550 million from India, $5.1 million from Indonesia, $4.530 million including an increased investment from Japan, $0.312 million including an increased investment from Malaysia, $62.693 million including an increased investment from South Korea, $2 million including an increased investment from Samoa, $1.343 million from Seychelles, $7 million including an increased investment from Thailand, and $4 million including an increased investment from the Netherlands.