(Foreign Investment Law Amendment Bill)
"Business Strategies & Successful JVs"
Official Opening Address
Dr. Kan Zaw, Deputy Minister
Ministry of National Planning & Economic Development
Keynote Address on
"New Investment Law & its Opportunities for Foreign Investors"
U Aung Naing Oo, Director General
Directorate of Investment and Company Administration (DICA)
OTHER OFFICIAL SPEAKERS:
Developing Heavy Industry in Myanmar
Ms Tin Tin Htoo, Deputy Director
Ministry of Industry
Latest Developments in Myanmar's Oil & Gas Investment
U Htin Aung, Director General, Energy Planning
Ministry of Energy
Investment Opportunity in Mining Sector of Myanmar
U Win Htein, Director General
Ministry of Mines
Current Mining Activities in Mining Sector
U Kyaw Thet, Director
Ministry of Mines
With analysts predicting that Myanmar is headed for 20-30 years of dynamic growth, investors from across the world are visiting to access the potential of the key sectors of the resource-rich country with its 60 million population. It's said that new investments will kick in from the first quarter of next year as the Myanmar authorities streamline procedures and licenses to enable favorable business conditions for foreign investors.
With the recent successful by-election and President Thein Sein's continued effort towards political and economic reform, Western nations supported positively by easing various sanctions on Myanmar, helping to pave the way for rapid economic and social rehabilitation of the country. Investors around the world are rushing into the country to explore various opportunities!
Before jumping on the bandwagon, are you aware of:
- Key clauses of the New Investment Law - Amendment bill
- How to secure land concessions for investment
- Extent of financing, foreign loans and security
- If you are able to buy shares or equity of a Myanmar company
- To what extent right local partner can solve many of your business dealings
- Which sectors need local partner and which do not?
The list of concerns and risks related are immense and CMT's New Myanmar Investment Summit holds the key to these pressing queries.
Attend this summit and meet senior officials and advisors from key sectors - Oil & Gas, Power, Real Estate, Mining, Agriculture & Plantations and Banking.
You will network with:
Chief Executives, Presidents, Vice Presidents, Directors & Heads of MNCs, Regional plus National corporations including Heads of Business Development, New Ventures, Finance and In house Legal Counsels, Teams involved in Industry Regulations and Risk from these Industries:
- Real Estate
- Industrial Estates
- Construction and Building Materials especially cement
- Plantation for Palm Oil, Rubber, Rice, Jatropha etc
Important Notes & Useful links on
Myanmar Visa Regulations:
Information if applying for Myanmar visa in Singapore
LATEST!! - Businessmen to be granted
Myanmar visas on arrival
Click here for more information on Visa on Arrival
Major functions of DICA, a division under the Ministry of National Planning and Economic Development are
- scrutinizing and appraisal of projects that are proposed for investment in Myanmar,
- monitoring and reporting the implementation of permitted enterprises,
- registration and administration of Limited Companies, Joint Ventures, Partnerships and Association and Association
- taking part in regional cooperation relating to investment matters.
Multiple Benefits Gained from
- Keynote address by senior Ministry Official on New Investment Law & its opportunities for foreign investors
- Find out more about the legal Impact of the new foreign investment law onthe key sectors
- Latest update on the New Fallow Land Law and its potential for industrial, commercial & agricultural purpose
- Gain insights on the real estate outlook with regards to hospitality, office spaces, industrial market andrental properties
- Hear about the new banking & currency reforms and tax planning considerations
- Learn about the commercial & legal aspects of mining ventures
- Investment opportunities in the Power and Oil & Gas sectors
- New Employment Law reforms & updates
- Top bank executives on the financiers' outlook in infrastructure investment & funding
- Highly anticipated panel discussion on determining the right local partner insecuring licenses and concessions for successful JV partnerships
Be at this exciting event and make new contacts! CMT's New Myanmar Investment Summit offers extensive business networking opportunities with Asian and global players in one venue! Sign up with your team to enjoy group discount. Register online at www.cmtevents.com or email to email@example.com.
"Structuring JVs & Other
Business Dealings under the
New Investment Law"
13:50 - 17:00 on 21 June
Led by legal expert Mr. Alessio Polastri
Managing Partner, P&A Asia
Residing in Yangon, he helps local and foreign companies involved in mining, corporate, infrastructure and banking & finance transactions. He is currently assisting:
a Government entity in setting up a joint venture with a local agriculture conglomerate
a foreign company in relocating garment factories to Myanmar
foreign investors in setting up joint ventures with local individuals/companies in the hospitality industry
a multinational involved in chemical industry in setting up a branch in Myanmar
a foreign investment bank in acquiring interest in a local mining company
local companies in the development of several infrastructures in Myanmar
Above Post-Conference Workshop is open to Conference Participants ONLY & is Optional - Separately Bookable
|Published articles for your interest and reference:|
Download the Opening Speech by Dr Kan Zaw, Minister for National Planning & Economic Development here!
Posted on : 26 Feb, 2013
Thank you for your interest. Simply fill up the form below, click submit and check your email for the requested material.
Over 200 foreign companies convening at NEW Myanmar Investment Summit 2012!
Posted on : 07 Jun, 2012
NEW Myanmar Investment Summit 2012 is less than 2 weeks away, this is your last chance to register especially if you are keen to enter Myanmar and learn the latest on the nation’s economic reforms.
This conference has attracted a good mix of key investors and private companies from the sectors below:
The conference has also gathered crowds from Myanmar, USA, Vietnam, Singapore, Thailand, Cambodia, Hong Kong, Malaysia, Japan, India, United Kingdom, Sri Lanka, Indonesia, Italy, China, Canada, Bangladesh and more...!
Do join us at NEW Myanmar Investment Summit 2012 and be part of the revolution. You can register now at <<CLICK HERE>>.
Hope to see you in Yangon!
U.S. declares easing of financial sanctions in Myanmar; companies urged to invest
Posted on : 29 May, 2012
Last week, the Obama administration eased financial sanctions thus allowing American corporations to invest in Myanmar.
"As an iron fist has unclenched in Burma, we have extended our hand, and are entering a new phase in our engagement on behalf of a more democratic and prosperous future for the Burmese people," said Mr. Obama. Soon after a meeting at the State Department with Myanmar’s foreign minister, U Wunna Maung Lwin, Secretary of State Hillary Clinton said, “Today we say to American Business: invest in Burma and do it responsibly.”
The easing of sanctions are paving the way for rapid economic and social rehabilitation of the nation, and widening the prospects for foreign investors. For a broader perspective on the country’s recent reforms, the New Myanmar Investment Summit 2012 in Yangon on 20-21 June, is all geared up to showcase official speakers from the Ministry of Mines, Ministry of Energy, and the opening address entitled ‘New Investment Law & Its Opportunities for Foreign Investors’ by a top ministry official.
Presentation topics such as foreign investments & JVs, new currency reforms, agriculture investment scenario, oil & gas investment outlook, updates in the mining sector, real estate developments, discussion on local partnerships & joint ventures, and much more will be discussed at the conference.
In addition, to provide a more comprehensive overview of JV agreements and partnership structures between domestic and international investors in Myanmar, a separately bookable post-conference workshop is also included in the program agenda.
Register here to attend the event, or contact firstname.lastname@example.org for queries on the conference or the workshop.
Excerpt taken from The Wall Street Journal
100% ownership for foreign companies, says Myanmar’s draft of new foreign investment rules
Posted on : 08 May, 2012
It’s welcoming news for foreign investors as the new investment regulations and economic reforms take shape in the resource-rich Myanmar. Ahead of a possible end to U.S. and European sanctions in the former Burma, Western investors are exploring their opportunities for businesses and trade.
As part of the economic liberalization, the draft of the new investment law suggests that foreigners can now either have 100% ownership of companies, or set up joint ventures with at least 35% foreign capital with Burmese citizens or government departments, and may be granted a 5-year tax holiday from the start of commercial operations. According to the draft, they can also lease land from the state or from private citizens who have permission to use land.
Further, to reassure investors about a reversal of reforms and seizure of assets, the draft law according to a Reuters translation says "The government gives a guarantee that permitted businesses will not be nationalized during the period allowed in the contract or extended in the contract other than by giving compensation based on current prices in the market, in the interest of the general public.”
In anticipation of the Foreign Investment Law Amendment Bill, CMT is putting together the New Myanmar Investment Summit 2012 on 20-21 June in Yangon, where global investors, experienced industry players and government officials convene to share their expertise and knowledge on structuring joint ventures, aspects of land lease requirements, taxation planning considerations, new employment law and other subjects related to the investment reforms in Myanmar.
Register here to reserve seats or forward your queries to email@example.com
Click here to read full article.
Review the 2012 MOGP Summit Keynote Address for a glimpse at the `huge market waiting to happen' ...
Posted on : 18 Apr, 2012
In an interview with Reuters, Craig Steffensen, ADB's director for Myanmar and Thailand remarked that Myanmar is 'a huge market waiting to happen and growth will come from everywhere, not one specific sector'. (Read full article here)
Indeed, just few weeks ago, MOGP Summit (Myanmar Oil, Gas & Power) the first Official Summit organized by CMT with the Ministry of Energy, Myanmar welcomed over 300 participants looking to seize the opportunities to be had. At the summit His Excellency U Than Htay, Union Minister of Energy, Myanmar presented a keynote address that unveils future plans for the Oil & Gas sector.
In a spin-off to MOGP Summit, CMT is proud to now announce the New Myanmar Investment Summit 2012 to be held on 20-21 June 2012 at Yangon, right where all the excitement is!
The key focus of the summit will be on 'Business Strategies in the Emerging Tiger Economy' and a reflection on the Foreign Investment Law Amendment Bill. The sessions are designed to provide insights into the latest progress on the following:
- New investment law and structuring JVs, Agents, Distributorships etc
- Critical aspects of Land Lease requirements
- Tax relief conditions and management
- New Employment law
- Further developments of Banking Reforms
- Sector Focus - Power, Telecoms, Banking, Real Estate, Cement & Building Materials, Mining & Plantation - Palm Oil, Rubber, Rice, Jatropha
Just like the MOGP Summit, key senior executives from sectors such as Power, Telecommunications, Banking, Industrial Estates, Construction and Building Materials especially Cement, Mining, Palm Oil, Rubber, Rice and Jatropha plantations and many more are expected to attend this timely meet.
To be among the first to establish commercial presence in Myanmar you should make plans to be in Yangon this 20-21 June!
And to give you a head start on the type of information you could be gathering, we invite you to review the keynote address that was delivered at the above-mentioned MOGP summit. Simply fill up the form below to download.
Networking Reception Sponsor
Afternoon Reception Sponsor Myanmar Iwatani LPG Trading
Alessio is the founder of PWP. He holds an LLB (University of Milan) and a LLM in Corporate and Financial Services (National University of Singapore). Before founding PWP, Alessio worked for 2 years in a well-regarded law firm in the Kingdom of Cambodia. Previously, he worked in the financial services and project finance departments of a leading British law firm in both its Milan and Singapore offices. He began his legal career in the corporate and banking services department of a leading It....
Mr.Alessio Polastri, Managing Partner
Polastri Wint & Partners
Relocation of Manufacturing to Myanmar
Day 1 [Wed 20, June], at 03:30 PM
Post-Conference Workshop: Structuring JVs & Other Business Dealings under the New Investment Law
Day 2 [Thu 21, June], at 01:50 PM
U Kyaw Thet is the Director at Department of Mines ,Ministry of Mines, Republic of the Union of Myanmar.
He was born in 1965 and has only one daughter. He obtained the Bachelor of Engineering in Mechanical (B.E (Mech:)) from Rangoon Institute of Technology and Master in Mechanical Engineering from Yamaguchi University of Japan . He started his career as Assistance Engineer in No.(2) Mining Enterprise from 1992 to 2000. At 2001, he changed his career to Department of Mines. He....
U.Kyaw Thet, Director
Ministry of Mines, Myanmar
Current Mining Activities in Mining Sector
Day 2 [Thu 21, June], at 10:10 AM