More foreign investments expected in Ayeyarwady

Investors eyeing expansion opportunities in Myanmar might want to consider Ayeyarwady Region, where the government is now prioritising developments in the agriculture, livestock and marine, forestry, industry, infrastructure, transportation and tourism sectors, said regional chief minister U Hla Myo Aung.

“Although much of the country’s exports originate in Ayeyarwady, foreign investments in the region are currently minimal. However, we can expect that to rise in the coming years after a new road connecting Ayeyarwady with Yangon is complete and a project that will fulfill Myanmar’s electricity needs commences construction in this region,” said U Aung Naing Oo, Director General of the Directorate of Investment and Company Administration (DICA).

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