Yangon Region Investment Committee Endorses One Foreign Enterprise with an estimated Capital of US$3.235 Million

The Yangon Region Investment Committee held its 5/2022 meeting at the office of the committee on 25 May, and the committee endorsed one foreign enterprise which is manufacturing various hats worth of US$3.235 million on a Cutting, Making, and Packing (CMP) basis. Jobs can be created for 800 resident workers from that enterprise.

During the meeting, 12 foreign companies which will make the manufacturing of safety clothes for using workplaces, pet accessories and various kinds of clothes, gloves for using in mechanical security and sports matters, various footwears and sport gears under CMP basis also submitted general reports, and the officials made decisions on those related matters submitted from 12 companies.

• The committee endorsed one foreign enterprise which is manufacturing various hats worth of US$3.235 million on a Cutting, Making, and Packing (CMP) basis. Jobs can be created for 800 resident workers from that enterprise.