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Myanmar investment body approves 17 projects

YANGON, Feb. 26 (Xinhua) -- The Myanmar Investment Commission (MIC) has approved 17 new investment projects, the state-owned daily The Global New Light of Myanmar reported on Thursday.

At its meeting on Wednesday in Nay Pyi Taw, the MIC approved two new foreign investments and 15 local investment projects, the report said.

Total investment is valued at 7.64 million U.S. dollars and over 557.91 billion kya

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