Real estate sector FDI approvals account for bigger share this year

26 September 2016
Myanmar Times
Transport and shipping policy and administration / Foreign investors / Transport infrastructure and facilities / Investment
Directorate of Investment and Company Administration (DICA) / foreign direct investment (FDI) / Yangon City Development Committee (YCDC) / The Ministry of Hotels and Tourism

Myanmar’s real estate sector is receiving a far larger share of overall approved foreign direct investment (FDI) so far this fiscal year, according to data from the Directorate of Investment and Company Administration (DICA).

As of August 31, real estate had received 15 percent of total FDI, according to DICA. Across the whole of 2015-16 real estate accounted for just 7.7pc, the department said.

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Real estate sector FDI approvals account for bigger share this year

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