" Myanmar attracted investment capital of over 1.83 billion U.S. dollars from permitted foreign enterprises in first quarter of present fiscal year 2019-2020 which started in October last year, said a release issued by the Directorate of Investment and Company Administration (DICA) on Tuesday. From Oct. 1, 2019 to Jan. 24 of this FY, the Myanmar Investment Commission (MIC) gave the nod to 100 foreign enterprises. At a recent meeting of the commission earlier this month, a total of 23 foreign enterprises with investment capital of over 433.8 million U.S. dollars were approved by the MIC. Creating 11,951 local employment opportunities, the investments from the recently approved enterprises entered the country’s power, real estate, livestock and fisheries and manufacturing sectors, respectively. Meanwhile, the MIC gave the green light to 39 Myanmar citizen investment enterprises with over 647.6 billion kyats (431.7 million U.S. dollars) as of Jan. 24 in present FY 2019-2020..."