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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!

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 hafizah@cmtsp.com.sg for queries on the conference or the workshop.

Excerpt taken from The Wall Street Journal

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 hafizah@cmtsp.com.sg

Click here to read full article.

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.