Myanmar attracted 4.1 billion USD in foreign investment in the 2013-14 fiscal year, which ended in March, representing a rapid rise from the amount of 1.4 billion USD in the previous fiscal year.
According to the latest report of the Directorate of Investment and Companies Administration, the country received the capital from 34 countries and territories across the world mainly to its manufacturing, energy, oil and gas, tourism and real estate sectors.
China was the largest investor, followed by Thailand and Hong Kong (China).
By December 2013, 71 foreign-invested projects created jobs for 50,700 labourers in the country.
Statistics from the Central Statistical Organisation show that in the first 11 months of the 2013-14 fiscal year, the country’s import-export turnover reached 22.76 billion USD, of which 10.23 billion USD came from exports.
Meanwhile, according to the Asian Development Bank, Myanmar 's economic growth for 2013-14 is estimated at 7.5 percent and it is expected to pick up to an annual rate of 7.8 percent for each of the next two fiscal years.-VNA
According to the latest report of the Directorate of Investment and Companies Administration, the country received the capital from 34 countries and territories across the world mainly to its manufacturing, energy, oil and gas, tourism and real estate sectors.
China was the largest investor, followed by Thailand and Hong Kong (China).
By December 2013, 71 foreign-invested projects created jobs for 50,700 labourers in the country.
Statistics from the Central Statistical Organisation show that in the first 11 months of the 2013-14 fiscal year, the country’s import-export turnover reached 22.76 billion USD, of which 10.23 billion USD came from exports.
Meanwhile, according to the Asian Development Bank, Myanmar 's economic growth for 2013-14 is estimated at 7.5 percent and it is expected to pick up to an annual rate of 7.8 percent for each of the next two fiscal years.-VNA
