Myanmar drew over 20 billion U.S. dollars foreign investment in the fiscal year of 2010-11 which ended in March, meaning that the single year's investment was more than that over the past 20 years, according to the latest Myanmar official figures.
Of the investment country- and region-wise, China led with 7.75 billion U.S.dollars, followed by China's Hong Kong with 5.79 billion U.S. dollars, South Korea with 2.67 billion U.S. dollars, Thailand with 2.14 billion U.S. dollars, Britain with 799 million U.S. dollars and Singapore with 226 million U.S. dollars.
Of the investment sectors, oil and gas received 10.17 billion U. S. dollars, electric power 8.218 billion U.S. dollars, mining 1. 396 billion U.S. dollars and manufacturing 66.32 million U.S. dollars.
The statistics also show that total foreign investment in Myanmar hit 36.05 billion U.S. dollars up to March this year since 1988 when Myanmar was open to foreign investment.
Of the total foreign investment coming from 31 countries and regions, China was leading with 9.603 billion U.S. dollars, followed by Thailand with 9.56 billion U.S. dollars, China's Hong Kong 6.308 billion U.S. dollars, South Korea 2.915 billion U.S. dollars, Britain 2.659 billion U.S. dollars and Singapore 1.818 billion U.S. dollars.
Sectorwise investment as of the date was shown as 14.5 billion U.S. dollars in electric power, 13.8 billion U.S. dollars in oil and gas, 2.8 billion U.S. dollars in mining, 1.7 billion U.S. dollars in manufacturing and 1 billion U.S. dollars in hotels and tourism.
xinhuanet
