Home » Myanmar Publications » Myanmar Dramatically Cuts List of 92 Activities Requiring a Local Partner Down to 22

Myanmar Dramatically Cuts List of 92 Activities Requiring a Local Partner Down to 22
April 24, 2017In a move to expand the potential opportunities for foreign investors, the list of activities a foreign investor is allowed to carry out in Myanmar only under a joint venture (“JV”) with a Myanmar citizen or company, has been cut significantly.
Highlights of this note
- Big Winners are Retail, Petroleum Products, Real Estate, Media and Healthcare
- Myanmar Opens Up for Big Retail. Again.
- Real Estate: No More JV for Commercial or Office Developments
- No More JV with MOEE for Petroleum Product Businesses
- Pharma and Healthcare: No More JV Needed for Clinics
- Foreign Investment in Print and Broadcasting Media without JV
- Manufacturing: Packaging and Pharma No More JV, But Cosmetics and Soaps Now Needs JV
- Agriculture: Cap of 49% on Foreigners for Certain Activity Removed
- New Use of Industrial Sector Classifications: How to Interpret?
Related Articles
- Temporary Relaxation of Licensing Requirement for Importation and Exportation of Certain Goods in Myanmar
- March 10, 2021 - The Amended Electronic Transaction Law Focuses on Use of Personal Data, Fake News, and Cyberattacks
- February 25, 2021 - Temporary Suspension of Employment Contract Registration for Expats?
- January 26, 2021 - カンボジアの太陽光発電案件入札はどこが違うのか。
- January 11, 2021 - A journey of a thousand miles begins with a single step… A practical step plan for expatriate’s return and travel to Myanmar in the current conditions
- December 4, 2020