Chinese companies from various sectors
are in talks with Myanmar’s Directorate of Investment and Company
Administration (DICA) this month at Nay Pyi Taw for possible investments
in bioenergy production, garment and telecommunications.
Sunshine Kaidi New Energy Group, a
Chinese energy company, proposed on December 7 to produce bioenery as
well as to grow plantations for bioenergy supply source in Myanmar.
Dongguan Association of Textile and
Garment Industry, an industrial association from South China’s Guangdong
province, is interested in setting up garment factories in the country.
The company discussed with officials from DICA on December 11 about
foreign investment law including land ownership and revenue and tax
exemptions.
China Mobile also met with DICA officials on December 5 to discuss investment in the country’s mobile telecommunications.
source: Eleven Myanmar
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