China tops investor list

China is the top investor in Myanmar so far this year, according to the Directorate of Investment and Company Administration.

Until the end of October, total foreign investments exceeded US$50 billion, of which US$40 billion is operating in the country.

Myanmar Investment Commission (MIC) is giving the green light to local and foreign companies in accordance with the Foreign Investment Law and the Myanmar Citizens Investment Law. In so doing, the MIC has prioritised schemes that can create the most JOB opportunities for citizens.

A total of 30 countries are investing in the country. China stands first with $14 billion (58 businesses); followed by Singapore with $6.6 billion (106 businesses), Hong Kong with $6.5 billion (73 businesses), with South Korea fourth and Thailand fifth.

In August, the MIC listed the businesses in which foreign investors can run joint ventures with local companies and the lists of firms that can run with a separate provision.

Foreign companies with the MIC’s green light can get tax exemption and other allowances but alcohol and cigarette manufacturing and related services cannot be tax exempt.


NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here