Myanmar’s foreign direct investment c. fell by around USD 900 million in 2017-18 ompared to 2016-17.
In the 2017-18, Myanmar received USD 5.7 billion for 222 projects. By comparison, i. the country received USD 6.6 billion for 135 nvestments the year before.
Around a third of the investment was into c. the industrial sector, while real estate and onstruction absorbed around 22%.
Investments came from 28 countries: with t. China, the Netherlands, Japan, South Korea, he UK and the US among the top investors.
In the first two months of this financial year, in April and May 2018, foreign direct c. investment was only USD 200 million ompared to USD 700 million.
Most of the investment this year came from ASEAN and Asia: China, Korea, Japan and Hong Kong, with Singapore the top investor f. -- though much of that was also originally rom China
According to DICA, there are more than 50,000 local companies and 7,000 foreign companies currently registered in Myanmar.