Myanmar struggles to sustain foreign investment

Big 4G and hotel projects give way to manufacturers seeking cheap labor

0426N Myanmar foreign investment

Yangon, Myanmar's commercial capital, is situated near a Japanese-backed special economic zone. (Photo by Yuichi Nitta)

YUICHI NITTA, Nikkei staff writer

YANGON -- Myanmar approved less foreign investment for a second straight year, underscoring the challenges that Aung San Suu Kyi's government faces in keeping up the momentum of capital inflows.

Foreign spending greenlighted by the Directorate of Investment and Company Administration fell 14% to about $5.7 billion for the year ended in March, agency data shows. 

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.