Myanmar Investment Commission (MIC) recently approved eight more local and foreign investment projects, said a release from the Directorate of Investment and Company Administration (DICA), Xinhua reported.

The approved projects cover livestock and fisheries, manufacturing, hotel, real estate, oil and gas, transport and telecommunication sectors, creating 3,159 employment opportunities for local people.

According to the DICA figures, a total of 1,806 foreign enterprises were permitted with estimated investment capital of 81.6 billion U.S. dollars from FY 1988-1989 to Aug. 31 of present FY 2018-2019.