Myanmar

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Myanmar's economy has grown 6 per cent to 8 per cent every year since 2012, when the United States eased sanctions against the country. The country has become a key market of interest for foreign investors after launching an economic overhaul aimed at reintegrating into the global economy.

MAIN LANGUAGES

Myanmar language

POPULATION

52.9 million (2016)

LAND AREA

676,578 km²

CAPITAL

Naypyidaw (Yangon is the economic capital)

CURRENCY

Myanmar Kyat (MMK)

TIME ZONE

GMT +6:30

EASE OF DOING BUSINESS

Ranked 171 out of 190 economies (World Bank Doing Business 2018)

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The Directorate of Investment and Company Administration (DICA) is in charge of handling company registrations for local and foreign businesses under the Companies Act. DICA also serves as a secretary to the Myanmar Investment Commission

www.dica.gov.mm | (95-1) 658 121 | DICA.NPED@mptmail.net.mm

The Myanmar Investment Commission (MIC) is a government-appointed body responsible for verifying and approving investment proposals. It also issues regular notifications on sector-specific developments.

www.dica.gov.mm/en/information-myanmar-investment-commission-MIC | Head office Yangon (95-1) 658 103

 

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