Manufacturing sector FDIs soar in FY 2025-2026
FOREIGN
direct investments of over US$245 million flowed into Myanmar’s manufacturing
sector in the previous financial year 2025-2026 (1 April-31 March), which
indicated a sharp rise compared to $182.6 million recorded in the FY 2024-2025,
as per the statistics released by the Directorate of Investment and Company Administration
(DICA).
The
Myanmar Investment Commission (MIC) permitted 80 enterprises to make investments
in the manufacturing sector last FY 2025-2026. Chinese companies primarily
made investments in the manufacturing sector. The manufacturing enterprises
that need a large labour force are prioritized to create job opportunities
for the locals.
The
Myanmar Investment Commission gave the green light to 85 projects from China,
Hong Kong SAR, India, Taiwan Province of China, Japan, Thailand, the Republic
of Korea, Samoa, Singapore and the UK to invest over $472.6 million in the
past FY, including expansions of capital by existing enterprises. This FY, one
new enterprise was founded, investing $21 million in the Oil and Gas sector.
The manufacturing sector drew $245 million from 80 enterprises, while the
services sector attracted $3.688 million from three enterprises. Livestock and
fisheries, manufacturing, power, and transport and communication sectors saw
capital expansion by the existing enterprises.
Myanmar’s
garment enterprises operate under the Cutting, Making, and Packaging model.
European Union member countries, Japan, the Republic of Korea, the US and China
place garment orders from Myanmar. Myanmar’s garment sector plays a pivotal
role in the economic development of the country, contributing to the
country’s GDP to a certain extent. In addition to garments, the manufacturing
of electrical devices, footwear, bags, wigs, lenses, and cameras is also
running under a CMP system.
Delegates
of Myanmar Garment Manufacturers (MGMA) attend DTC 2026 Greater Bay Area
International Textile and Clothing Industry Fair held on 25 to 27 March at
Guangdong Modern International Exhibition Centre, promoting made in Myanmar
products. MGMA members are engaged in a series of industry-focused activities
aimed at strengthening international collaboration and exploring advancements
in garment manufacturing. — KK
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