Year Foreign direct investment into the agriculture sector in Myanmar as of August 2020-2021 Fiscal Year is less than one percent of the total FDI into the country, according to the Directorate of Investment and Company Administration.
The Agricultural sector only received USD10.650 million between April and September 2018 and USD 134.485 million in 2017-2018 Fiscal year while no investment entered into the agricultural sector in 2016-2017 Fiscal Year.
The sector received over USD 7.1 million in 2015-2016 Fiscal Year, USD39.66 million in 2014-2015 Fiscal Year, USD20.2 million in 2013-2014, USD 9.6 million in 2012-2013 and no investment in 2011-2012 Fiscal Year.
Myanmar has received over USD77.7 billion of foreign direct investment as of the end of September 2018 since 1988-1989 fiscal year and investment into the agricultural sector was USD395 million representing 0.51 percent of the total FDI.
Ayaryawaddy Region Investment Committee also approved USD1 million worth rice-husk fuel pellet production plant investment proposal made by a Singapore-based company.
The committee meeting No.3/2021 held at the meeting hall of the regional government office on September 28 approved the proposal.
Mandalay Region Investment Committee also approved three local investment proposals worth MMK6,719 million, which are in manufacturing sector.