About the MIC

About the MIC

 

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.

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