Sunday, November 24, 2024

DISI-registered private industries surpass 48,000 by end of Oct

 


According to the Ministry of Industry’s data, 48,086 private industries have been registered with the Directorate of Industrial Supervision and Inspection recently.

The registered private industries grew to 47,609 in the previous financial year 2023-2024. Four hundred and seventy-seven industries were officially listed from April to October in the 2024-2025 financial year.

Almost 50 per cent of the registered private industries embody the food group. Lists of registered private sectors are classified into 24 business groups; food, tobacco, clothing, wood and finished wood slabs, printing, chemical, rubber and plastic, basic mineral, computer and electronic device, unclassified machine, beverages, fabric, leather, paper and paper products, charcoal, pharmaceuticals, non-metallic minerals, metal refining equipment, electronics, vehicle and trailer, furniture and machines and equipment repair and installation.

Yangon Region, a commercial hub of Myanmar, is home to private industries with 8,205 registered businesses, followed by Mandalay Region with 6,840 and Ayeyawady Region with 5,734.

With the domestic growth of private businesses, DISI provides services for small and medium enterprises to access technical assistance and funding, explore markets, register private industrial enterprises under existing laws and conduct safety inspections of boiler and electrical usage at worksites and environmental impact assessment.

KK

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