Myanmar Investment Promotion Plan 2016/17-2035/36

The Government of the Republic of the Union of Myanmar(Government of Myanmar) formulated the Foreign Direct Investment Promotion Plan in Myanmar (FDIPP) in 2014. More recently, the FDIPP was reviewed in terms of the following needs: ■ Conformity to the Investment Policy announced in 2016 and new investment regime of Myanmar under the Myanmar Investment Law and Special Economic Zone (SEZ) Law ■ Further improvement of Myanmar’s business environment ■ Promoting both foreign and domestic investment ■ Responsible and quality investment according to the Investment Policy of 2016 ■ Responding to the recent increases in FDI into Myanmar ■ Proposing further actions for the long-term agenda of investment promotion On the basis of the review, the FDIPP was updated and renamed the Myanmar Investment Promotion Plan(MIPP),integrating domestic investment promotion and foreign investment promotion into one plan in line with the directions of the National Comprehensive Development Plan 2011-30 and the Investment Policy of 2016.