Foreign investments flow into the Special Economic Zones (SEZs)

27 March 2020
Foreign investments flow into the Special Economic Zones (SEZs)
Labors work on the roof of a building at the Thilawa Special Economic Zone (SEZ) on the outskirt of Yangon. Photo: Nyein Chan Naing/EPA

Foreign investments of US$84.267 million have flowed into the Special Economic Zones (SEZs), under the Special Economic Zone Law, as of 6 March in the 2019-2020 financial year, according to the figures released by the Directorate of Investment and Company Administration (DICA), state media reported.

Since its establishment, a total of 114 enterprises from 18 countries and four local businesses have ploughed in $1.929 billion as of end-February, 2019 in the zones, the investment source indicated.

While the manufacturing sector has absorbed the largest share of foreign investments, FDI has also flowed into the trading, other services, transportation and logistics, real estate, and hotel sectors.