Investment Sector: 261.59 Million USD Till July 31 In Kayin State

In the investment sector, Myanmar Investment Commission allowed 32 local and foreign investments in Kayin State – the amount of investment in Kayin State till the 31st of July, 2022 is 261.59 million USD.
The main investors are from Singapore, Hong Kong, India and Cambodia, making investments in hotel, tourism and industrial sectors. Also, in June of the 2021-2022 fiscal year, there’s an investment in agriculture sector which is a high grade rice mill in Nyaungdon Village of Hpa-An Township – it will operate soon.
Naing Win Toe, Director, Directorate of Investment &Company Administration said “Under the arrangement by the Kayin State Government, a new livestock zone is now operating. Besides, plans are underway to establish two industries which produce natural fertilizers using the waste of animals. In the agriculture and livestock sector, we will cooperate with domestic investors to produce value-added products.”
It is learnt that Kayin State Government is making plan to establish a corn processing plant in Myawaddy Township. Domestic investors also show their interest in edible oil sector.