YANGON, Sept. 29 (Xinhua) -- The second New Myanmar Investment Summit will be held in Myanmar's Yangon next month in light of the soon promulgation of the new foreign investment Law, according to Singapore-based Centre for Management Technology (CMT) company Saturday.
Organized by CMT, high officials from the Ministry of Finance and Revenue, Directorate of Investment and Company Administration (DICA), Ministry of Electric Power, Ministry of Mines and Central Bank of Myanmar, will participate in the two-day investment summit which is to take place from Oct. 17.
The investment summit will discuss the country's commercial issues including mining, power and electricity, telecommunications, port business, banking, property and agriculture and plantation as well as trading sectors.
In June, the first New Myanmar Investment Summit was launched here, gathering over 200 foreign companies seeking investment in Myanmar.
According to statistics, Myanmar drew 57 million U.S. dollars foreign investment in July this year, hitting 41.086 billion dollars as of the end of the month since late 1988 when the country opened to such investment.
Over the past two months, businessmen from the United States and other Western countries visited Myanmar to explore business opportunities and gather information on the government's economic programs.