Japan tops list of foreign investors in Myanmar SEZs

Description: 

"Foreign investments of US$362.28 million flowed into the Special Economic Zones (SEZs), under the Special Economic Zone Law, in the 2018-2019 fiscal year, according to figures released by the Directorate of Investment and Company Administration, Myanmar state media reported. A total of 106 enterprises from 18 countries and four local businesses have ploughed in $1.84 billion so far in the zones, data on FDI of existing enterprises shows, according to Mizzima. Japan topped the list of foreign investors in the previous fiscal, accounting for more than 36% of the overall investment, followed by Singapore and Thailand. FDI also flowed into the SEZs from South Korea, Hong Kong, the United Kingdom, Australia, the United Arab Emirates, Malaysia, Austria, Taiwan, Panama, China, Brunei, Vietnam, France, Switzerland, and the Netherlands..."

Source/publisher: 

"Bangkok Post" (Thailand)

Date of Publication: 

2019-10-10

Date of entry: 

2019-10-29

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, Japan

Language: 

English

Resource Type: 

text

Text quality: 

    • Good