Private Education Sector
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 […]
29
Mar
2018
Update from Myanmar’s private education sector
In the beginning of last year, private schools were classified as a promoted sector under the MIC notification 13/2017 and therefore opened to foreign investors. In addition, the Union Parliament (the Pyidaungsu Hluttaw) released a new draft Private School Law (the “Draft PSL”) in December 2017. VDB Loi is working in collaboration with the Ministry of Education to finalize the Draft PSL in order to make this lucrative sector more attractive to foreign investors.
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