28 September 2017
The 3rd Yangon Region Investment Committee meeting for 2017 was held at Yangon Region Government Office on Wednesday.
The meeting was chaired by the Chief Minister U Phyo Min Thein.
The meeting focused on the committee’s procedures for facilitating and liberalizing the matters including scrutinizing of Endorsement applications, supervision and monitoring of business.
The meeting also endorsed three businesses, two wholly foreign investments and a joint venture foreign investment which amount to 5.93 million USD. Those 3 businesses are expected to create 187 job opportunities.
Yangon Region Investment Committee have already approved 5 foreign investments from Singapore, China and Hong Kong in the manufacturing sector – those investments amount to 8.66 million USD, creating more than 900 job opportunities as of September.