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Myanmar: Government woos private sector in construction of Yangon elevated ring road

The Ministry of Construction (MOC) is inviting the private sector to submit Expressions of Interest (EOI) to participate in the construction of an elevated four-lane ring road in Yangon. The MOC on May 18 invited both local and international companies interested in designing, engineering, financing, constructing, operating and maintaining the proposed expressway under a Public […]

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Myanmar: Yangon unveils priority projects for investment, eyes sustainable urban development

More than 1,000 local and international investors took part in the Yangon Investment Forum 2018 (YIF 2018) in Myanmar’s former capital last week. Organised by the Yangon Region Investment Committee (YRIC) and the Directorate of Investment and Company Administration (DICA), YIF 2018 was designed to showcase Yangon as a leading investment destination in Asia. Yangon […]

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Myanmar likely to open more sectors to FDI

A SURGE in interest among global players following the liberalisation of Myanmar’s education sector to foreign investors has motivated the authorities to continue opening up the economy in other restricted sectors. Thant Sin Lwin, deputy director general at the Directorate of Investment and Company Administration (DICA), said at a press conference on Tuesday that Myanmar […]

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Myanmar opens up for foreign retailers and wholesalers

Foreign businesses and joint ventures are now allowed to carry out businesses in the retail and wholesale sector, according to the latest directive from the commerce ministry. Leading business groups hailed the move as a right step towards attracting inwards investments for Myanmar. The ministry issued the Directive 25/2018 on May 9, authorising 100 percent […]

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