“Probably the best thing the government could do now, especially against the broad international outlook, is to make sure domestic rules and regulations were as lean and accommodative as possible.” – Mr. Sean Turnell, Director of Research, Myanmar Development Institute.
Between 2017 and 2018, Myanmar Investment Commission approved Chinese investments which added up to a total of $1.395 billion. The amount was its second-highest annual figure since 2011 and 2012, and accounts for roughly 25 percent of the $5.718 billion total for the fiscal year. Other countries which are major sources of investment are Hong Kong, Japan, and South Korea, which pumped in several hundred million dollars each.
Read on to find out more about the changing face of Foreign Direct Investment in Myanmar.