28 August 2024
According to ARIC Director U Thet Paing, Ayeyawady Region Investment Committee (ARIC) permitted two foreign enterprises and six domestic projects made by Myanmar citizens with an estimated capital of US$ 5.6 million and 20.8 billion kyats in April-August of the current financial year, creating 1,382 jobs for locals.
Domestic and foreign investors are attracted to the region because of its agro-based industries. Furthermore, some investors are interested in the region’s cutting, making, and packing (CMP) garment business and service sectors.
As part of the committee’s continuous efforts, it supports existing businesses, encourages new investors, expands job opportunities in the area, enhances the socioeconomic situation of the local area, and endorses business practices that conform to the law.
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