Myanmar

Myanmar

Myanmar allows foreigners to set up joint ventures for trading in construction materials

07 Jul 2016

On 7 July 2016, Myanmar’s Commerce Ministry issued Notification No. 56/2016 which allows trade in construction materials, provided that foreign investors engage in such activities in joint ventures with local firms.

Nature of measure:
  • Liberalization
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Services (Construction)
Inward FDI:
No
Outward FDI:
No
Sources: