Foreign investments allowed to use USD and CNY in Myanmar

In order to facilitate smoother investment processes and better meet the needs of investors, Myanmar is accepting foreign investments not only in US dollars (USD) but also in Chinese yuan (CNY), according to the Myanmar Investment Commission.

According to the MIC’s news bulletin 1/2026 issued on 16 March, proposals for permits and endorsements of the businesses submitted to the Commission can be made using either US dollars or Chinese yuan for foreign capital.

Investors bringing foreign capital in US dollars and Chinese yuan can conduct transfer payments for investments through authorized dealer banks.

As of the end of February 2026, among the 53 foreign countries, Singapore, China, and Thailand are the leading countries with the largest foreign investments in the country. Of 12 sectors, the electricity sector accounts for 28.27 per cent by drawing the most significant investments, followed by the oil and natural gas sector at 24.62 per cent and the manufacturing sector at 14.67 per cent.

MNA/KTZH

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