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
The Yangon Region Investment Monitoring Team conducted a field inspection on the Manufacturing of Wearing Apparel on a CMP Basis, companies for the commencement of commercial operation, and the Production & Distribution of Various Kinds of Wood Veneer & Various Kinds of Furniture Company, which are applying for a proposal for endorsement, and Models for Car and Car Parts on a CMP Basis Company to increase investment and apply for the import of machinery, at Hmawbi Township and Mingalardon Township in Yangon Region on January 30, 2025. The team inspected operating condition of businesses, implementing condition of the responsibilities of investors and coordinated the needs of the factories.
POSTED ON 31 Jan 2025The first meeting of the Myanmar Investment Commission (MIC) was held yesterday afternoon in Nay Pyi Taw. State Administration Council Member Deputy Prime Minister and Myanmar Investment Commission Chairperson General Mya Tun Oo and the commission members attended the meeting.The meeting approved one new foreign investment from the capital increase of ongoing investment and 13 new local investment projects in industry, hotel, tourism and service sectors. The investment amount of these businesses is US$ 3.684 million and K 345,863.043 million, which can create 1,544 job opportunities.These businesses included the automobile assembly industry, agricultural equipment production, hotel service and international healthcare services.As of the end of December 2024, among the 53 foreign countries, Singapore, China, and Thailand are the leading countries with the largest foreign investments in the country. Of 12 sectors, the energy sector accounts for 28.32 percent by drawing the most significant investments, followed by the oil and natural gas sector at 24.67 per cent and the manufacturing sector at 14.43 per cent.The Myanmar Investment Commission oversees and approves investment project proposals from locals and overseas, and provides services to the existing investors under the Myanmar Investment Law.3-1Download
POSTED ON 31 Jan 2025The Ayeyarwady Region Investment Monitoring Team conducted a field inspection on the production, sales, and export of rice, bean and maize products under ARIC endorsement in Myaungmya Township, Myaungmya District, on 30th January 2025. The team discussed and coordinated the needs of the company.
POSTED ON 30 Jan 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.