Bago Region Attracts USD 1.1 Million of Foreign Investment, Creates 893 Local Job Opportunities in May 2024

In May 2024, Bago Region attracted USD 1.1 million of foreign investment that can create 893 local job opportunities. Generally, the investors will only make investments in areas with smooth transportation, sufficient land area and workforce, safe and secure that guarantee responsibility and accountability, according to the Bago Region Government.

The Bago Region Investment Committee is making exerted efforts aimed to protect investors and their enterprises in line with the laws, create job opportunities for locals, develop human resource, increase production, service and trade sectors based on agricultural and livestock businesses, as well as, for the emergence of businesses and investments for locals which meet the international standards.

Reportedly, a total of USD 200.115 million worth of foreign investment and over K81.1 billion of local investment in Bago Region created 12,490 job opportunities from 1st February to May 2024.

Source: MWD (2-6-2024)

  • In May 2024, Bago Region attracted USD 1.1 million of foreign investment that can create 893 local job opportunities.
  • A total of USD 200.115 million worth of foreign investment and over K81.1 billion of local investment in Bago Region created 12,490 job opportunities from 1st February to May 2024.
  • Generally, the investors will only make investments in areas with smooth transportation, sufficient land area and workforce, safe and secure that guarantee responsibility and accountability.
engdate: 
Monday, June 3, 2024 - 09:45
month: 
June, 2024