Title : Assessment of Foreign Investment Law of Myanmar 2012

Authors : Mya Thida Kyaw

Publication date : 2017-12-01

Description : The richness of Natural resources and Human capitals in the Republic of the Union of Myanmar have always been attracting factors for foreign investment opportunities. The issues relating to the foreign investment potential in Myanmar have been catching the eyes of investor for investment opportunities as well as the interests of Myanmar’s policy makers for ensuring the trickle-down, equitable benefits sharing for the people of Myanmar.  Here comes a need to have feasible and effective legal framework for dealing with foreign investment in Myanmar. Therefore, in order to provide assistance to the policy makers and to educate the wider audience of Myanmar about the foreign investment-related legal framework, this paper aims to assess the foreign investment law of Myanmar. The author assesses the Foreign Investment Law of Myanmar enacted by PyidaungsuHluttaw in 2012 with six major topics. They are (1) Forms of Foreign Investment, (2) the Role of Myanmar Investment Commission (MIC), (3) Available Financial Support Programs, (4) Appointments of national staffs, (5) Tax Alleviation Opportunities for foreign investors, and (6) Existing Insurance settings in Myanmar.