Myanmar Investment Commission (MIC) is a government-appointed body with the aim of responsible investment development, protect the investors and their investments, and development of national economic environment through investments in accordance with the Myanmar Investment Law 2016. The MIC has duties to carry out investment promotion, facilitation, and coordination. Moreover, the MIC has the power to issue necessary notifications including the stipulation of investment promoted sectors and the types of restricted or prohibited investment activities, and permit or endorsement to investors. With fewer investment proposals is required formal MIC approval. An Endorsement process – whereby proposals are fast-tracked by being ‘endorsed’ by the MIC – is now also available to investors.
Member of the MIC
According to the Notification 30/2021of the State Administration Council on 4 March 2021, the information of the Myanmar Investment Commission is as follows:
| No | Name | Position | Institution | Role |
| 1 | Lieutenant-General Moe Myint Tun | Member | State Administration Council | Chairman |
| 2 | U Aung Naing Oo | Union Minister | Ministry of Investment and Foreign Economic Relations | Vice-Chairman |
| 3 |
U Khin Maung Yi |
Union Minister | Ministry of Natural Resources and Environmental Conservation | Member |
| 4 | Dr. Daw Thida Oo | Attorney General | Union Attorney General’s Office | Member |
| 5 | U Nyunt Aung | Deputy Minister | Ministry of Commerce | Member |
| 6 | U Win Thaw | Vice-Chairman | Central Bank of Myanmar | Member |
| 7 | U Kyaw Min Oo | Permanent Secretary | Ministry of Agriculture, Livestock and Irrigation | Member |
| 8 | U Min Htut | Director General |
Internal Revenue Department Ministry of Planning, Finance and Industry |
Member |
| 9 | U Thant Sin Lwin | Director General |
Directorate of Investment and Company Administration Ministry of Investment and Foreign Economic Relations |
Secretary |
To learn more about how to apply for a MIC Permit, please click here.
