Myanmar has foreign assets of more than 5 billion USD – DICA

29 September 2020
Myanmar has foreign assets of more than 5 billion USD – DICA
An electricity pylon next to a starry sky on the outskirts of Yangon. Photo: AFP

Directorate of Investment and Company Administration (DICA) figures stated that Myanmar has concerned foreign asset of more than 5 billion United States dollars in 11 months of current 2019-20 financial year (FY) which will finish in September, MENAFN reported.

As of October 1, 2019 to August 31 this year, the Myanmar Investment Commission (MIC) gave the advance to 228 foreign asset ventures.

Throughout the period, the power sector concerned most asset capital with more than 1.67 billion United States dollars, chased by industrialized and property.