Myanmar citizen investment volume reaches US $2 billion including US $10 billion in 11 economic sectors

NAYPITAW (Eleven Media Group/ANN) - Myanmar citizen investment volume reached K 19,000 billion including US$ 10 billion in 11 economic sectors of Myanmar within 31 years, with the most investment in real estate accounting for 22 %, according to the official statistics of the Department of Investment and Company Administration (DICA).

Myanmar citizen investment volume reached K 19,000 billion including US$ 10 billion in 11 economic sectors of Myanmar within 31 years, with the most investment in real estate accounting for 22 %, according to the official statistics of the Department of Investment and Company Administration (DICA).

Myanmar citizens injected K 19,155.226 billion of investment including US$ 10.381 billion into 1,617 businesses from 1988-1999 to September 30 of 2019.

Myanmar citizens mainly invested in the areas of real estate, manufacturing, transport and communications, hotel and tourism, construction, industries, energy, livestock breeding and fisheries, mining, agriculture and others.

Myanmar citizens injected K 4,308.717 billion including US$ 1.248 billion into 83 businesses in the real estate sector and the investment volume in real estate stayed at the top of the table, accounting for 22.49 %.

Myanmar citizens injected K 3,400 billion including US$ 2.7 billion into 882 businesses in the manufacturing sector and the investment volume in the manufacturing sector stayed second on the table, accounting for 18 %.

Myanmar citizens injected K 2,800 billion including US$ 2 billion into 51 businesses in the transport and communications sector and the investment volume in transport and communications sector accounted for 15 %.

Myanmar citizens injected K 1,200 billion including US$ 790 million into 174 businesses in the hotel and tourism sector and the investment volume in the hotel and tourism accounted for 10 %.

The investment volume in construction sector accounted for 5%, industries sector, 4%, energy sector, 3%, livestock breeding and fisheries sector, 2%, mining sector 1%, agriculture sector, 1% and other sectors, 16% respectively.

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