Investment Affairs: Bago Region Investment Committee Holds 6th Meeting

Bago Region Investment Committee (BRIC) held the meeting 6/2021 at the regional government office.

In his remarks, Chief Minister U Myo Swe Win stressed that the Committee has been focusing on labour-intensive businesses such as garment factories on the Cutting-Making and Packing basis for sustainable economic growth in the region. Investors have to enjoy the entitled rights and protections for business.

Since infrastructure plays a pivotal role in the industry, the Committee has to fulfill the needs of industrial enterprises.

Also, Director of Bago Region Directorate of Investment and Company Administration explained investment projects and capital expansion matters. The committee members also discussed investment-related matters. The Bago Region Chief Minister guided the committee to endorse the proposals under Myanmar Investment Law.

Between 1 February and December, Bago Region attracted foreign investments of 91.139 million USD and 2.44 billion Kyats of domestic investments, creating 4,717 jobs.