Myanmar Investment Promotion Plan
The Myanmar Investment Commission (MIC) of the Republic of the Union of Myanmar made an official launching of the Myanmar Investment Promotion Plan (MIPP) on 8th October 2018. According to MIPP, Myanmar has set its vision and objectives to become a middle-income country by 2030, to be within the rank 100 of the Word Bank’s Doing Business ranking by 2020 and within the rank 40 by 2035.
The MIPP is a joint initiative of MIC and Japan International Cooperation Agency (JICA) to enhance the responsible and quality investment necessary for the country by integrating domestic investment promotion and foreign investment promotion into one inclusive plan. For more information of the MIPP, please see the official link.