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Submit for review of any order or decision of the Commission concerning the proposal, in order to preserve their entitled rights and opportunities.Seek MIC approval expansion of investment or capital.Submit a proposal for contracted business with the state depending on the nature of the work such as BOT, BTO, BOO system, and another similar system.Establish joint venture partnerships with foreign investors or companies in accord with FIL.Transfer and sell a portion or all shares to any foreigner or to any foreign company in accord with the Foreign Investment Law.Transfer land on building with the approval of MIC without sub-leasing and mortgaging.Seek technical assistance in carring out business from government organization.Seek information, legal assistance and technical support from the relevant government ministry concerning necessaries for business such as land, building, water, communication, energy.Others concern land use, leasing and mortgaging, environment protections, sale or transfer of assets and other aspects of the process.Īccording to current laws (especially the Myanmar Citizens Investment Law, Section 15) Myanmar investors have the right to… However, investors have certain obligations, including incorporating and operating under existing laws of the Union of Myanmar. The right to pay back any foreign loans according to the agreed stipulations.No suspension of investment without sufficient cause.
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Under Article 12 of the Myanmar Citizen Investment Law, the Union Government guarantees: Under section 5 of the Myanmar Citizen Investment Law, these investment types are applicable for all sectors except restricted or prohibited sector. These include build-operate-transfer (BOT), build-operate-own (BOO), build-transfer-own (BTO). Myanmar Citizen investor may act under a mutually agreed upon contract.
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Joint ventures may be created with foreign, local and government entities. Investors and companies do business without any foreign or local partners.