
Ministry of Investment and Foreign Economic Relations (MIFER),The Republic of the Union of Myanmar
Ministry of Investment and Foreign Economic Relations (MIFER),The Republic of the Union of Myanmar
The Kayin State Investment Committee (KYNIC) meeting (2/2025) was held on 21st March, 2025 at the Kayin State Government Office. The meeting was attended by the Chairman of the KYNIC, Chief Minister U Saw Myint Oo and committee members. At the meeting, the submission of endorsements application from investors was reviewed and discussed. The meeting has approved one endorsement for Hotel Services.
POSTED ON 22 Mar 2025The Yangon Region Investment Committee meeting 3/2025 was held at Yangon Region Investment Committee in Yangon on 21st March 2025. The meeting was attended by Chairman of the Yangon Region Investment Committee U Soe Thein, Chief Minister for the Yangon Region Government and Members of the Yangon Region Investment Committee. At the meeting, Yangon Region Investment Committee had approved (2) foreign Investment businesses in the manufacturing sector including manufacturing of wearing apparel on CMP basis.The amount of these investment project is USD 3.369 million and 2,802 local job opportunities can be created.Moreover, the general issues of the seven companies were also discussed in the meeting.
POSTED ON 21 Mar 2025The Yangon Investment Forum 2025 took place yesterday at the Wyndham Grand Yangon Hotel in Yangon. It was organized by the Directorate of Investment and Company Administration (Yangon Region) under the supervision of the Myanmar Investment Commission, the Ministry of Investment and Foreign Economic Relations, and the Yangon Region government. In his speech, Union Minister for Investment and Foreign Economic Relations Dr Kan Zaw said the Yangon Region is a key economic driver of the country and is also one of the best destinations for investment. The MSMEs can connect with large investment projects and function as supporting industries to establish strong production value chains. He then pledged that the relevant ministries, region and state governments are ready to assist in launching the investment projects, and these projects will be facilitated under the law. Then, Yangon Region Economic Minister U Myo Myint Aung highlighted the collaborative actions to strengthen the MSMEs in addition to electricity and energy, agriculture, industrial, and serving industries. Then, the officials signed MoUs on investment and observed the 27 booths at the event. During the talk show, the officials from governmental departments and private sectors discussed the topics of “Power Investment & EV Prospect in Yangon”, “Agriculture, Industry and Services in Yangon,” and “Bridging MSMEs & Investment in Yangon”. Moreover, the Business Networking & Matching event took place, and the local and foreign investors expanded their connections in the business sector. The forum, themed “Sustainable Growth, Smart Investment: The Future of Yangon” was organized aiming to promote investments in Yangon Region while creating promising opportunities through networking among MSME entrepreneurs and investors.
POSTED ON 16 Mar 2025As the primary interface between businesses and the government, DICA is mandated to promote private sector development and to boost domestic and foreign investment by creating a conductive investment climate.
Registration is the first step a businessperson will be required to take before incorporating a company or making an investment in Myanmar, whether that person is a citizen of Myanmar or a foreigner. In accordance with the Myanmar Companies Law 2017, a company may be registered in one of the following forms:
The Myanmar Investment Commission (MIC) is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments. The MIC is comprised of representatives and experts from government ministries, departments and governmental and non-governmental bodies.