Myanmar: Global Agriculture, Delicious Food get nod for investment plans

Myanmar: Global Agriculture, Delicious Food get nod for investment plans

A Myanmar flag is seen at the Martyrs' Mausoleum during a visit by Japan's Prime Minister Shinzo Abe in Yangon on May 25, 2013. REUTERS/Soe Zeya Tun/Files

Global Agriculture JV Co Ltd has been granted approval for a $115 million investment in the plantation, production and sale of teak in the Bago and Yangon region. Delicious Food Ltd, the producer of One Tea, has received the go-ahead for a $4.4-million investment in consumer products.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter