Investment Opportunities: MIC approves 12 new projects, creating over 4,800 jobs

The Myanmar Investment Commission (MIC) approved 12 new investment projects during the its meeting on Friday.

The meeting was led by Commission Chairman Union Minister U Mya Tun Oo. The newly projects include 1 foreign investment project in oil and gas, 8 Myanmar-owned industrial projects and 3 Myanmar-owned projects in hotels, tourism, agriculture, and transport.

The total investment is 47.605 million US dollars and is expected to create over 4,800 jobs. The approved projects cover oil production, modern hotels and shopping centers, port services, animal feed production, crop cultivation, clean oil production, pig and goat farming, biscuit and bakery production, pharmaceuticals, motorcycle manufacturing, synthetic hair production, aluminum production, and garment manufacturing.

As of April 2026, Myanmar has received investments from 53 countries/regions, with Singapore, China, and Thailand being the top investors. Key sectors attracting investment include electricity with 28.29%, oil & gas with 24.61%, and industry with 14.68%. MIC continues to review investment proposals and support investors under Myanmar’s investment laws.