Ministry of Investment and Foreign Economic Relations (MIFER),The Republic of the Union of Myanmar
Grow Your Business In The Golden Land Of Opportunity
Ministry of Investment and Foreign Economic Relations (MIFER),The Republic of the Union of Myanmar
Yangon Region Investment Monitoring Team conducted a field inspection on the manufacturing of various kinds of wearing apparel on CMP basis and manufacturing of various kinds of bedding on CMP basis for the initial raw material importation condition, and for the commencement of commercial operation under Yangon Region Investment Committee endorsement at Shwe Pyi Thar Township , in Yangon Region on 9th January, 2025. The team inspected operating condition of businesses, implementing condition of the responsibilities of investors and coordinated the needs of the factory.
POSTED ON 13 Jan 2025Magway Region Investment Monitoring Team conducted inspection to investment project operating on sowing, production and sales of seeds with Joint Venture Investment in Minbu-Saku Township, Minbu District, Magway Region on 8th January, 2025. The team met representatives of the companies and coordinated the requirements of these projects.
POSTED ON 10 Jan 2025The Yangon Region Investment Committee meeting 12/2024 was held at Yangon Region Investment Committee in Yangon Office on 26th December 2024. 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 approved a Myanmar citizen investment and two foreign Investment projects in the hotel & tourism sector and manufacturing sector. The amount of these investment projects are 1,180 million kyat and USD 2.220 million and 2,440 local job opportunities can be created.Moreover, the general issues of the thirteen companies were also discussed in the meeting.
POSTED ON 27 Dec 2024As 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.