Three sectors likely to see massive inflows of FDI

In 2019-20 fiscal year, the power production sector, oil and gas sector and logistics sector are likely to see a massive inflow of foreign direct investments, said U Aung Naing Oo, Permanent Secretary of the Ministry of Investment and Foreign Economic Relations. “In 2019-20 FY, the first promising sector is electricity production and power plants. […]

Plans for massive ‘high-end’ luxury development in Yangon unveiled

Multi-national developer Marga Landmark and its Myanmar-based partner Thu Kha Yadanar unveiled plans for a 22-acre (8.9 hectares) multi-use complex located at U Htaung Bo Circle between Shwedagon Pagoda and the Yangon Zoo at a media briefing on June 23. The majority shareholder Marga Landmark owns 70 percent of shares and is set to invest […]