FOREIGN direct investments of over US$245 million flowed into Myanmar’s manufacturing sector in the previous financial year 2025-2026 (1 April-31 March), which indicated a sharp rise compared to $182.6 million recorded in the FY 2024-2025, as per the statistics released by the Directorate of Investment and Company Administration (DICA).
The Myanmar Investment Commission (MIC) permitted 80 enterprises to make investments in the manufacturing sector last FY 2025-2026. Chinese companies primarily made investments in the manufacturing sector. The manufacturing enterprises that need a large labour force are prioritized to create job opportunities for the locals.
The Myanmar Investment Commission gave the green light to 85 projects from China, Hong Kong SAR, India, Taiwan Province of China, Japan, Thailand, the Republic of Korea, Samoa, Singapore and the UK to invest over $472.6 million in the past FY, including expansions of capital by existing enterprises. This FY, one new enterprise was founded, investing $21 million in the Oil and Gas sector. The manufacturing sector drew $245 million from 80 enterprises, while the services sector attracted $3.688 million from three enterprises. Livestock and fisheries, manufacturing, power, and transport and communication sectors saw capital expansion by the existing enterprises.
Myanmar’s garment enterprises operate under the Cutting, Making, and Packaging model. European Union member countries, Japan, the Republic of Korea, the US and China place garment orders from Myanmar. Myanmar’s garment sector plays a pivotal role in the economic development of the country, contributing to the country’s GDP to a certain extent. In addition to garments, the manufacturing of electrical devices, footwear, bags, wigs, lenses, and cameras is also running under a CMP system.
Delegates of Myanmar Garment Manufacturers (MGMA) attend DTC 2026 Greater Bay Area International Textile and Clothing Industry Fair held on 25 to 27 March at Guangdong Modern International Exhibition Centre, promoting made in Myanmar products. MGMA members are engaged in a series of industry-focused activities aimed at strengthening international collaboration and exploring advancements in garment manufacturing. — KK
