Yangon Region Investment Committee permits six foreign investors

24 September 2020
Yangon Region Investment Committee permits six foreign investors
Cloudy sky is seen over Yangon at sun down. Photo: Ye Aung Thu/AFP

The Yangon Region Investment Committee Wednesday permitted six foreign enterprises to invest in the region which can create 3,876 local employment opportunities, Xinhua reported.

With capital of 15.727 million U.S. dollars, the permitted enterprises cover the manufacturing sector of Yangon region.

Yangon region absorbs 60 percent of investment into the country, followed by Mandalay region with 30 percent.