BAGO Region Chief Minister U Myo Swe Win organized a Bago Region Investment Meeting (1/2022) at the regional government office on 21 January.
The meeting discussed the rights
and law protections for the investors in the region.
The chief minister also said the
region mainly allows the CMP, fertilizer production industries and other
factories that can create job opportunities. In granting permits to the
industries, it should scrutinize under the Industrial Zone Law to avoid
affecting the natural environment.
Then, the director of the Bago Region
Directorate of Investment and Company Administration presented the investment
sector and the committee members coordinated the discussion.
Bago Region received investments
with US$104.484 million from foreign investors and K8329.15 million from local
investors between 1 February 2021 and January 2022, fostering job opportunities
for 47,903 people.
MNA
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