Allows local and foreign investment in mining
26 Jul 2018
Starting from 26 July 2018, local and foreign investment in mining operations in Myanmar will be permitted, following an assessment of the industry’s environmental impacts. However, investors are required to seek permission from the Union Minister’s Office to work with large- and medium-scale projects, or from the Department of Mines for smaller operations. In 2016, mining activities were suspended by the Government due to concerns over the environmental damage.
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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Primary (Mining and quarrying)
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Sources:
