Investments in Bago: Bago Region Investment Committee meeting

Chairman of the Bago Region Investment Committee Chief Minister U Myo Swe Win presided over the committee meeting 1/2025 at the Bago Region Government Office on January 11th.

During the meeting, the Chief Minister highlighted the need to attract more investment in the electricity and energy sectors and urged the establishment of cold storage, canning and fertilizer factories to support value-added agricultural exports.

He also instructed committee members to focus on boosting multi-sector investment and creating more job opportunities in the region. It was followed by a report on investment increase for Cobes Industries (BII) Company Limited, along with share changes and import code amendments from foreign companies.

The Chief Minister then made decisions based on the law and procedures.

In January 2025, foreign investment in Bago Region rose by 5.651 million US dollar, creating 1,000 jobs. Since February 1, 2021, the region has attracted 209.022 million US dollar in foreign investment and More than 100,000 million kyats in domestic investment, generating over 13,000 job opportunities.