U Zaw Min Win said this after US ambassador to Myanmar Mr Scot Marciel and delegation from nine US companies met with the Directorate of Investment and Company Administration (DICA) on April 29. The delegation also met with the UMFCCI the next day. U Zaw Min Win said, based on the discussions held during the meetings, there is every possibility that investments from the US in Myanmar will increase. “During the meetings, the US delegation said it is very interested in increasing investments in Myanmar. Currently, smaller companies are discussing about actually coming to Myanmar and I expect larger companies will follow,” said U Zaw Min Win. Representatives from Chevron, Earth Networks, ITW Welding Singapore, Xylem Water Solutions, Astrophysics, Visa Myanmar, FedEx, GIS and Arizona Tools Company were present at the meeting with UMFCCI. “US companies involved in transportation, service businesses and water purification are in talks to enter the Myanmar market. As a … [Read more...] about More US investments headed to Myanmar, trade federation says