The Myanmar Investment Commission (MIC) has approved 35 new investment projects worth US$41.003 million, expected to create more than 5,000 jobs.

The approvals were made at the commission’s (3/2026) meeting held on March 15 in Nay Pyi Taw, attended by MIC Chairman and Union Minister U Mya Tun Oo and commission members.

Among the approved projects are four new foreign investments in the industrial and power sectors, along with 31 domestic investment projects across sectors such as industry, hotels and tourism, services, power, agriculture, transport, and communications. The projects also include MMK 195.55 billion in local investment and are expected to generate 5,064 job opportunities.

Key projects include commercial vehicle manufacturing, power generation, agricultural and livestock-based production, hotel and tourism services, electric vehicle assembly, port construction and services, mobile phone assembly and distribution, solar panel production, animal feed manufacturing, food processing, and garment factories.

As of the end of February 2026, investors from 53 countries and regions have invested in Myanmar. The largest investors are Singapore, China, and Thailand. By sector, the power sector accounts for 28.27% of total investment, followed by oil and gas (24.62%) and manufacturing (14.67%).

The MIC reviews and approves investment proposals and provides support services to investors in accordance with the Myanmar Investment Law.