The annual Euromoney Myanmar Global Investment forum was held in Nay Pyi Taw last month at the Myanmar Convention Center. Over one thousand participants attended the event, including Union Ministers from various Ministries, Members of Parliament, members of the Euromoney Institutional Investor (Asia), and local and foreign experts. The attendees discussed the next phases of economic reforms in Myanmar such as the Yangon Stock Exchange, infrastructural, and agricultural development.
“This forum showcases the transformation as well as improvement of Myanmar to the world. Myanmar’s international profile will become an investment destination. Foreign Direct Investment Promotion Plan (FDIPP) has been implemented with the assistance of Japan International Cooperation Agency (JICA). FDIPP is set in line with four successive 5-year Development Plans. FDI will almost certainly increase this year,” said H.E Kyaw Win, Minister of Planning and Finance.
Aung Naing Oo, Director General of the Directorate of Investment and Company Administration (DICA) says $6 billion of foreign investment is expected in the upcoming fiscal year.
