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Analytical Study on Myanmar Investment Law
- Myanmar enacted Myanmar Foreign Investment Law in 2012, the Myanmar Citizens Investment Law in 2013, and related rules respectively. While foreign and national investment presents significant opportunities and potential economic benefit, it also can significantly undermine these benefits and other social, economic and environmental values of the host country, on the one hand. On the other, Myanmar has become an investment hub increasingly; as its democratic government takes steps to more open up the economy. Myanmar’s effort to have new consolidated investment law represents a significant step to ensure that Myanmar investment legislation and mechanism is properly regulated, and to support the development of the Myanmar economy. This research analyses the new investment law together with comments and suggestions, by comparing with two old repealed laws: Foreign Investment Law and Myanmar Citizens Investment Law, which will attract further foreign investment in Myanmar.
Khin Khin Oo
- Journal of the Myanmar Academy of Arts and Science