T l b amp i e m he atest usiness nvestment nvironment in yanmar 2

THE LATEST BUSINESS INVESTMENT ENVIRONMENT IN MYANMAR Presented by Mya Thuza Director Directorate of Investment and Company Administration Ministry of National Planning and Economic Development Union of Myanmar - - CCONTENT Introduction Foreign Direct Investment FDI Policy Union of Foreign Investment Law FIL Objectives of Myanmar FIL Allowable Economic Activities Form of Investment Minimum Capital Requirement Land Utilization Application Procedure Approval Process The Incentives Guarantees One-Stop Service Priority Area for Foreign Investment Foreign Investment Inducement Conclusion CCOUNTRY PROFILE ? Land Area Sq miles ? Total Int ? l Boundary miles ? Boundary Countries Bangladesh India China Laos and Thailand ? Coast Line miles ? Total Land Area million acres ? Total Population million ? Growth Rate percent ? Working-age million ? Net Sown Area million acres ? Reserved Forest Area Sq miles ? Other Forest Area Sq miles C FOREIGN DIRECT INVESTMENT POLICY ? Adoption of market oriented system for the allocation of resources ? Encouragement of private investment and entrepreneurial activities ? Opening of the economy for foreign trade and investment C UNION OF MYANMAR FOREIGN INVESTMENT LAW ? Adopted the market ??oriented economic system in ? Enacted the Union of Foreign Investment Law FIL in C OBJECTIVES OF MYANMAR FIL ? Promotion and expansion of exports ? Exploitation of natural resources which require heavy investment ? Acquisition of high technology ? Supporting and assisting production and services involving large capital ? Opening up of more employment opportunities ? Development of works which would save energy consumption and ? Regional development C ALLOWABLE ECONOMIC ACTIVITIES ? Eligible Economic Activities ? Prescribed the sectors by MIC noti ?cation no ? Agriculture ? Livestock and Fishery ? Forestry ? Mining ? Industry ?? foodstu ? textile personal goods household goods leather products and the Likes transport equipment building materials pulp and paper chemicals chemical products and pharmaceuticals iron and steel ? Construction ? Transport and Communication ? Trade C ALLOWABLE ECONOMIC ACTIVITIES CONT ? Restricted Activities ? According to the section of the State Economic Enterprises Law SEEs Law economic activities reserved in the domain of the State sector are as follows ? extraction of teak and sale of the same in the country and abroad ? cultivation and conservation of forest plantation ? exploration extraction and sale of petroleum and naturals gas ? exploration and extraction of pearl jade and precious stones ? breeding and production of ?sh and prawns in ?sheries which have been reserved for research by the Government C ALLOWABLE ECONOMIC ACTIVITIES CONT ? Postal and Telecommunication Service ? Air Transport Service and Railways Transport Service ? Banking Service and Insurance Service ? Broadcasting Service and Television Service ? Exploration and extraction of metals ? Electricity Generating Services ? Manufacture of products relating to security and defence ? According to the section of the Said Law the Government may in the interest of the State permit by noti ?cation to carry our such activities C FORM OF INVESTMENT ? Foreign investors can set up their business either

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  • Publié le Mar 27, 2021
  • Catégorie Administration
  • Langue French
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