Myanmar Foreign Direct Investment: A Review of Current Relevant Laws and Procedures

Abstract

Myanmar’s liberalization, large market and continuing economic development has begun to attract increasing numbers of foreign investors from around the world, especially now as the EU, US and other jurisdictions have lifted or significantly eased the former sanctions against the country. At this time, the revised Foreign Investment Law and demand for legal reform is greatly changing the corporate and business law landscape. Because of the newness and continued reforms in these areas and the immaturity and opacity of the legal system there is a great lack of clarity in the legal and investment communities regarding effective regulation processes, procedures, and legal redress.