The United States and some
European countries planned to invest in Myanmar hotel industry for the
first time, Director Hlaing Oo of Foreign Investment Department under
the Ministry of Hotels and Tourism said.
With growing number of tourists to
Myanmar, the US and European countries like Germany and Switzerland are
discussing about the investment to build hotels in Myanmar, he said.
After the announcement of the Ministry
of Hotels and Tourism for the establishment of hotel zone in Nay Pyi
Taw, Yangon, Bagan and Inlay regions, those from abroad who want to make
investment visited Myanmar to discuss their plans.
“At the present, Germany, Switzerland and the US can enter to invest in Myanmar’s hotel industries,” Hlaing Oo said.
Moreover, Japan, Thai and Malaysia businessmen are now planning to have the investment, he said.
At present, Singapore, Thai, Japan, Hong
Kong, Malaysia, Britain and Vietnam have invested over US$1.4 billion
in infrastructures development. Among them, Singapore is standing at the
top.
The tourists from Thai, China, Japan,
South Korea, and Malaysia as well as Germany and French are the most
visiting in Myanmar, according to the Ministry of Hotels and Tourism
Industries.
Over 1.6 million tourists visited Myanmar last year.
source: Eleven Myanmar
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