Analysis
31
Jul
2018
Fintech in Myanmar (VDB Loi Insights This Month)
VDB Loi made the announcement of sponsoring the Myanmar Homegrown Mix Martial Arts fighter Phoe “Bushido” Thaw for the period of one year. The signing ceremony was held at VDB Loi office. Mr. Edwin Vanderbruggen, Senior Partner of VDB Loi stated that Phoe Taw demonstrates the warrior sprit which blends in with our value.
28
Jun
2018
Ministry of Construction Decides to Promote PPP in Myanmar for Roads and Bridges
On the 15 June 2018 the Ministry of Construction (“MOC”), in partnership with VDB Loi, organized a landmark conference on Public Private Partnerships for Toll Roads in Myanmar. Highlights Overview Reports Panels First Step on the Road to Making the Yangon Expressway Project a Success
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
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
Mar
2018
Foreign Ownership Soon Allowed in Private Schools (VDB Loi Insights This Month)
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.
28
Feb
2018
Japanese investors try to catch up in Myanmar energy investments
Despite their high profile presence in Myanmar, there are relatively few Japanese invested energy projects slated as a priority project in Myanmar. For example, the four recently announced LNG/Gas to Power projects which received approval from the Government have no Japanese investors at this stage. This was one of the issues discussed at a recent […]
28
Feb
2018
Notification 140/2017: Labor compliance and the statutory employment contract template
As Myanmar increasingly becomes a place to do business to both domestic entrepreneurs and foreign investors alike, Myanmar’s labor compliance framework has recently taken stimulus with the re-working of Notification 1/2015 on the Employment Contract Template. The result? Notification 140/2017 of 28 August 2017 (the “Notification”). The Notification has new provisions dealing with how an […]
31
Jan
2018
Myanmar Approves 4 Gas/LNG to Power Projects (VDB Loi insights this month)
The Ministry of Electricity and Energy (MOEE) has yesterday approved 4 large gas/LNG to power projects. The MOEE is using a new approval instrument which they call the “Notice to Proceed” (NTP).
31
Jan
2018
Myanmar Somewhat Unexpectedly Signs 4 Major LNG/Gas-to-Power Projects
The Ministry of Electricity and Energy (MOEE) has yesterday approved 4 large gas/LNG to power projects. The MOEE is using a new approval instrument which they call the “Notice to Proceed” (NTP). Highlights of this note Total & Siemens consortium at Kanbauk in Taninthary Region Ayeyarwady Region LNG to Power project TTCL’s LNG to power […]
31
Jan
2018
MONREC issues first ever Environmental Compliance Certificate
The Ministry of Natural Resources and Environmental Conservation (MONREC) has just issued what we were told is their first ever Environmental Compliance Certificate (ECC). The ECC is in a letter format and confirms that the applicant’s Environmental and Social Impact Assessment is in compliance with the requirements of the Law on Environmental Conservation (LEC). It […]
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