On 22nd December 2017, Myanmar Investment Commission (“MIC”) issued an announcement for foreign and local citizen investors to invest in logistics services re: Announcement of Invitation to invest in logistics services (“MIC Announcement”).
Pursuant to the MIC Announcement, the MIC has invited investors to invest in the following business at major cities:-
(a) Dry Port Services;
(b) Bonded Warehouses Services;
(c) High – way Bus and Freight Terminals; and
(d) Warehouses and Wholesales Centres.
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Foreign Direct Investment