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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.

Author

Portrait image of Joseph Lovell
Joseph Lovell
Managing Director, IAO Asia, Cambodia

Joseph Lovell is the Managing Director of IAO Asia. His areas of practice include corporate & project finance, M&A, and cross-border investment. Joseph is a member of the US state Bars of New York, Texas, and Hawaii. He has a BS degree from Georgetown University and MA and JD degrees from the University of Hawaii. In Cambodia for over a decade, Joseph has over that time advised on some the most significant M&A and finance transactions in the Kingdom. Joseph is a native English speaker with Mandarin as a second language. He also speaks basic Khmer, Hokkien and French.

Company

IAO Asia

IAO Asia is an advisory firm active in a number of areas and sectors related to international investment in Cambodia. Its main areas of practice include corporate & project finance (debt and equity), M&A, PE, and banking and financial institutions. While continuously improving, the Cambodian legal and regulatory system can be opaque and complex. IAO Asia helps its clients navigate to avoid or overcome obstacles with timely and correctly informed analysis and information.

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