MIC
28
May
2019
Myanmar Power Barges: Legal and Tax Issues
Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects to feed electricity into the grid as early as 2014 when the government awarded a number of power rental projects to companies such as Aggreko and APR Energy. Highlights of this […]
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 […]
28
Jun
2018
Some Issues to Consider for Toll Road PPP Projects in Myanmar
The Union Ministry of Construction, in coordination with the Union Ministry of Transport and Communication, and the Yangon Regional Government seeks to implement its first ever elevated expressway, the Yangon Elevated Expressway. Highlights Situation of existing toll roads in Myanmar Myanmar has a lot of experience with toll road bot contracts, but not the right […]
30
Apr
2018
How to Acquire Myanmar Port Terminal (VDB Loi Insights This Month)
Although others forms also exist, most port terminals with private interests in Myanmar are “Landlord Ports”. That is to say, the port is leased to the private sector for it to operate the port services, for which it invests capital – generally through a concession.
30
Apr
2018
Acquiring a Port Terminal Project in Myanmar
Although others forms also exist, most port terminals with private interests in Myanmar are “Landlord Ports”. That is to say, the port is leased to the private sector for it to operate the port services, for which it invests capital – generally through a concession. Highlights What are the assets of a Target in the […]
30
Apr
2018
Private education opens to 100% foreign investment
The Myanmar Investment Commission recently issued a notification (Notification 7/2018) on investment in the education sector. The notification defines private schools as those that are not operated by the state. Most private schools in Myanmar are presently associations (business associations that are not for profit). This notification allows foreign direct investments through subsidiaries in Myanmar […]
31
Jan
2018
Updated list of MIC Team Members
The Union Government of Myanmar has issued an updated list of members for the Myanmar Investment Commission. This list is in effect starting from 18 January 2018. There are only a few changes compared to the previous list of members. Please see the list below. 1 Chairman U Kyaw Win Union Minister Ministry of Planning […]
29
Dec
2017
New rules for government tenders (VDB Loi insights this month)
Myanmar has precious little regulation governing Government tenders, but what it does have, has just been revamped and enlarged. Presidential Notification 1/2017 dated 10 April 2017 (the Notification) has reset and strengthened rules on certain types of Government procurement.
29
Dec
2017
Invitation for Local and Foreign Investors to Invest in Logistics Services
MIC has issued an invitation welcoming foreign and Myanmar citizen investors to invest in Logistics Services at the major cities of logistics and trading hub. The sectors of investment  included in the invitation are Dry Port Services, Bonded Warehouse Services, High-way Bus and Freight Terminals and Warehouses & Wholesale Centers. It is also written that […]
1
Nov
2017
E-Government, Change of Financial Year, New Trademark Law (VDB Loi Insights This Month)
VDB LOI YANGON OFFICE RELOCATION VDB Loi Yangon Office Relocation We are Expanding!    We are proud to announce that our Yangon office has been relocated to a new and state-of-the-art office in Junction City on 30 October 2017. Please find our new location’s address as well as telephone and fax numbers below: Level 10, […]
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