DUHD
29
Jan
2019
Financing a Myanmar-based Internet Service Provider
The market for Internet Service Providers (“ISP”) in Myanmar is stabilizing. Refinancing strategies, retooling and opportunities for expansion are fueling the need for new cash. Foreign financing remains one of the most obvious ways for ISPs to attract new funding. Highlights Official Approvals for a New Foreign Loan Regulatory Regime of an ISP Due Diligence […]
27
Sep
2018
Ministry appoints Condominium Registrars to implement Condo Law
For the first time, the Myanmar government is to open new registration offices and assign registrars for condominiums.  This is an important sign that the government is serious about reforming the property market, with both Myanmar people and foreigners now able to obtain an ownership title of units registered as condominiums. The Condominium Law and […]
28
Feb
2018
LNG to Power, Condo Rule Changes and New Compliance Rules (VDB Loi insights this month)
On 30 January 2018 the Ministry of Electricity and Energy (MOEE) held a ceremony in NayPyiTaw to sign four so-called “Notices to Proceed”, each one for a planned LNG or Gas to Power project, in total nearly 3,000 MW.
28
Feb
2018
Proposed Changes to the New Condominium Rules
The Ministry of Construction released the long anticipated Condominium Rules in December (the “Rules”) which clarifies much of the ambiguity left by the Condominium Law 2016 (the “Law”). Since December, various stakeholders have provided feedback on the rules to the Department of Urban Housing and Development (“DUHD”), and the DUHD has proposed several amendments to […]
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