With its political reforms and new openness to the region and world, Myanmar is now attracting considerable interest from businesses and investors. On Monday 5 Dec 2016, the Myanmar Investment Commission (MIC) and SIIA held a Minister’s Dialogue at the Sedona Hotel in Yangon, bringing together top government representatives and business leaders from Singapore firms for a discussion on the theme of “Investment Future in Myanmar: Clear Skies or a Cloudy Forecast?”.
The event featured perspectives from H.E. U Maung Maung Win, Deputy Minister, Ministry of Planning and Finance and U Aung Naing Oo, Secretary, MIC, and Director General, Directorate of Investment and Company Administration (DICA). The session was moderated by Associate Professor Simon Tay, Chairman, SIIA.
A brief writeup of the event is available on the DICA website.
A selection of photos from the dialogue, lunch, and the SIIA’s meetings in Myanmar is available in an album on our Facebook page.
New Economic Priorities for Myanmar
Myanmar’s political transition opens a historic new chapter for a country that some have dubbed Asia’s last frontier economy. Most recently, the US have also agreed to lift their sanctions against Myanmar, which is expected to give a significant boost to the country’s economy. As such, many potential investors are curious about Myanmar government’s long term economic and financial sector plans and policies.
- What is the government’s perception of foreign investments and the role it can play in Myanmar’s development?
- How do the new investment laws and policies affect foreign businesses operations and investment opportunities in Myanmar?
- What are some key points that Singapore businesses interested to invest in Myanmar should look out for?
