The members of the new Myanmar Investment Commission has been announced

THE Myanmar Investment Commission (MIC) was reshuffled on Tuesday with the appointment of U Kyaw Win, Union Minister for National Planning and Finance as chairman and U Than Myint, Union Minister for Commerce as vice chairman.

The reformed commission includes 11 new members, while U Aung Naing Oo, former Secretary of the MIC, has been selected again for a similar position, according to an announcement from the President’s Office yesterday.

Other members are U Tun Tun Oo, Union Attorney General as well as three permanent secretaries of the Ministries of Resources and Environmental Conservation, Commerce and National Planning and Finance.

In addition, two retired deputy directors-general of the Investmentand Companies Administration
Department and a retired director of the General Administration Department were added.

U Aye Lwin, Joint Secretary-General of the Union ofMyanmar Federation of Chambers of Commerce and Industry – UMFCCI is also included as a member in the new line-up of the MIC.

Investment proposals for both foreign and local projects have been awaiting approval since April due to the stalling of the MIC

The 11 members of the MIC are listed below:

Source: GNLM