Myanmar business opportunity

Investment Opportunities

Investors that invest in these activities and create jobs, upgrade the technology &/or productivity of Myanmar industry will enjoy benefits such as 3 to 5 years tax exemption and long term lease on property. Depending on the activities that you invest in foreign investors may be required to JV with local Myanmar citizen. Minimum investment capital required for manufacturing & services are USD 500,000 & USD 300,000 respectively if investors want to obtain an MIC Permit or Endorsement.

  1. Education Services
    • Private basic education school;
    • Private technical, vocational and training school;
    • Private higher education school such as international school;
    • Private subject based school;
    • Private school designated by the Ministry
  2. Export promotion industries – preference is for foreign investment with >80% export operation
    • Garment, shoes and bag manufacturing
    • Electronic manufacturing
    • Myanmar agriculture – rice, maize, pulse, bean, etc
    • Myanmar fruits – mango, avocado, water melon, etc
    • Myanmar jewellery made from Myanmar jade, sapphire, ruby, gold, etc
    • Processed metal products made from Myanmar’s mined metal such as lead, tin, antimony, copper, etc
    • Myanmar designed furniture or crafts made from Myanmar wood or other natural resources
  3. Import substitution industries
    • Manufacturing of different types of vehicles and vehicle related fixtures and parts of machines
    • Manufacturing of tractors and trailers
    • Manufacturing of telephone and telecommunication equipment
    • Production of machine and machinery equipment
    • Manufacturing of electricity distributing and control apparatus
    • Production of iron and steel
    • Production of fertilizer
    • Manufacturing of plastic raw materials
    • Manufacturing of paper
    • Production of emulated fibre
    • Production of edible oil
    • Production of medicine
    • Manufacturing of cosmetics products
  4. Logistic industries – investment in major cities of logistics and trading hub:
    • Dry Port Services
    • Bonded Warehouses Services
    • Highway Bus and Freight Terminals
    • Warehouses and Wholesale Centers
  5. Agriculture and its related services, value-added production of agricultural products
    • Distribution of low-cost irrigation systems to rural communities (e.g. solar-powered, with instruction)
    • Leasing of agricultural tools and machinery
    • Distribution of high-quality seeds for higher yields
    • Establishment of the production of fertilizers, crop protection chemicals etc
    • Contract farming (i.e. direct sourcing from rural communities based on partnership agreements)
    • Introducing value-added production / processing based on local agricultural produce (e.g. production of Mango Puree, Dry Fruits, Potato Chips, etc from local produce)
    • Establish packaging / canning industry for agricultural produce
    • Establishment of research and training institutions or demonstration farms on integrated agriculture, crop sequencing, fertilizer use, organic agriculture and agriculture-related business skill development
    • Construction of temperature controlled warehouses and cold storages for fresh produce
    • Microfinance, micro-insurance and trade finance services for farmers
  6. Livestock production, breeding and production of fishery products
    • Aquaculture of different types of fish (except fresh water fish)
    • Aquaculture of shrimp and prawn
    • Fish food production
    • Fish and seafood processing facilities
    • Cooling, canning and packaging facilities
    • Establishment of education and research institutions to broaden knowledge as well as the base of human resources available to the fisheries sector
  7. Power sector
    • Construction of medium to large-scale hydro and gas-fired power plants in Public-Private-Partnerships
    • Investments into the transmission system (e.g. high-voltage transmission lines between the North of Myanmar and Yangon)
    • Realization of small-scale hydro-power projects e.g. to supply a village tract
    • Establishment of solar energy farms and wind power farms
    • Provision of efficient and practical solar-power kits to communities currently off-grid as well as of solar-power based solutions (e.g. solar-powered pumps, solar lighting)
    • Upgrading of the current power infrastructure in urban centers and industrial zones
    • Import, storage, wholesale, distribution and retailing of petroleum products
  8. Manufacturing
    • Labor-intensive industries in second-tier cities (e.g. Pathein, Bago, Hpa An) in areas such as production of garments and shoes or assembling of toys and stationary articles
    • Agro-processing industries at the locations of agricultural produce in rural areas (see section on agriculture)
    • Production of building materials strongly demanded by the national construction industry (e.g. cement, bricks, steel, glass, paints, doors, windows etc.)
    • Gemstone processing industries (e.g. jade, sapphires, rubies) to establish value-adding production such as design, cutting and polishing inside Myanmar
    • Capital-intensive industries (e.g. automotive, land machinery) particularly at locations with good access to international and national markets (e.g. SEZs)
    • Wood-processing industry particularly based on hardwood and bamboo (e.g. furniture production)
    • Paper and cardboard industry
    • High-tech industries (e.g. in Yangon, Nay Pyi Taw, Bago and Mandalay) based on local, regional and global demand and the opportunities through the proximity of international airports
    • Chemical industries (e.g. pharmaceutical and plastic articles) based on local and regional demand
    • Industrial services, e.g. waste water management, recycling, training
  9. Infrastructure Development
    • Road, bridge and railway construction
    • Construction and operation of airports
    • Construction of ports
    • Establishment and retrofitting of industrial parks and supportive infrastructure
    • Logistics infrastructure
  10. Extractive Industries (Minerals/Oil & Gas)
    • Exploration and feasibility studies for projects in mining as well as oil and gas
    • Medium to Large-scale operation of mines and wells
    • Offshore and onshore opportunities for the exploration and extraction of oil and gas
    • Establishment of petroleum-based industrial, processing and supportive facilities (e.g. refineries, fertilizers, LPG, LNG)
    • Value-added production based on natural resources
    • Supporting industries, such as machinery, maintenance, consulting services
    • Establishment of education and research institutions to broaden knowledge as well as the base of human resources available to this sector
  11. Forest-based industries
    • Establishment of wood-processing industry (e.g. furniture production)
    • Expansion of bamboo forests and bamboo-based production (i.e. handicrafts)
    • Rubber-based industries (e.g. tire production in Mon and Karen State)
    • Teak and hardwood plantations
    • Sandalwood-processing industries
    • Community-based forestry
  12. Real Estate & Construction
    • Realization of projects for affordable housing in Yangon, Mandalay and second-tier cities in all states and regions. Nearly 20,000 low-cost and affordable apartments are planned only in Yangon, Pathein and Mawlamyine in FY 2015-16. Demand is to increase rapidly.
    • Restauration of colonial heritage buildings in Downtown Yangon
  13. Urbanization
    • Investments into systems for the improvement of public transport in urban agglomerations
    • Establishment of parks, facilities for recreation and entertainment
    • Provision of private healthcare facilities
    • Establishment of private education institutions (e.g. private universities, business schools, certified vocational training)
    • Smart traffic management and road safety solutions
    • Urban waste management
    • Water treatment facilities
    • Production and distribution of consumer goods and lifestyle articles
  14. Tourism & Hospitality
    • Exploring new high-potential investment locations in hospitality and tourism
    • Developing eco-tourism (e.g. development of eco-tourism oriented hotels and lodges along with respective activities such as trekking routes or tours)
    • Building cultural and community-based tourism (e.g. development of shops for the sale of locally produced cultural artefacts)

Click here to see what are the Joint Ventures between foreigners and Myanmar citizen and Wholly Owned Foreign Investments that have been approved by DICA todate and what their investment activities are. This will give you a good indicator of what investments DICA will approve.

To see the complete list of Promoted Sectors that DICA is promoting go to Promoted Sectors (or click here) to see a breakdown by sector under MIC Notification No 13/2017 of 1st April 2017.

As a foreigner you can setup a Service Company and own it 100% without having to JV with a Myanmar citizen as long as the nature of the business is service (i.e. skill based) in nature and does not require an import licence. Example of a service trade that a foreigner can own 100% would be running a restaurant or a consultancy company. For other trade you may have to JV with Myanmar citizen. The minimum capital required to setup a Service Company is USD 50,000 – half (USD 25,000) need to be brought into the country upon incorporation – the other half to be brought in within 5 years before your business licence expire. If you want to learn more write to info (at) consult-myanmar.com with subject: “Inquiry about Business Activities of Service Company” and list down the business activities that you want to be engaged in in Myanmar.

The above are just some of the areas that you can explore. Myanmar now is like China in the 1980s – everything look old, grey and crumbling and everything need to be build anew. For more information – please visit the following sections on our website:

  • Tender and Award section and SEARCH* for more information on the type of tenders that are frequently called by the government ministries in Myanmar and which foreign companies have won the past tenders.
  • Looking for Business Partner section for local Myanmar company that are looking for foreign business partners who can inject technology, know how and capital into their business.
  • Company Incorporation section to submit a draft proposal of your company incorporation and to get our comments.

*Enter your query into the search box in the top right corner of our website.

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.