Myanmar Investment Commission
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The Myanmar Investment Commission (Burmese: မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင်, abbreviated MIC) is a government-appointed body under the Ministry of Investment and Foreign Economic Relations that appraises domestic investment proposals in Myanmar (Burma). MIC was formed in April 1994, after the State Law and Order Restoration Council issued the Myanmar Citizens Investment Law.[2] In 2000, MIC underwent organisational changes to reduce the number of committee members to four and also .[2] MIC also manages the 1988 Foreign Investment Law.[3] The body was re-established in 2016 as an 11-member committee to scrutinise economic proposals.
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Quick Facts Agency overview, Formed ...
မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင် | |
Agency overview | |
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Formed | April 1994 (1994-04) |
Jurisdiction | Myanmar (Burma) |
Headquarters | No.1, Thitsar Road, Yankin Township, Yangon[1] |
Agency executives |
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Parent Agency | Ministry of Investment and Foreign Economic Relations |
Website | www.dica.gov.mm |
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