DFDL Myanmar Partner William Greenlee provides a range of insights on the new Myanmar Investment Law in a recent article from Asia Law Profile. The new law substantially reduces red tape and provides greater certainty for investors, in line with international best practice. As Greenlee states “the new law clarifies when companies receive incentives and they are more clearly laid out.” The Myanmar Investment Law was approved by the government on 5 October, however observers are still awaiting publication of the associated rules and actions that will provide greater detail on its implementation. The full piece is available here.
William Greenlee : “The new Investment Law is another significant step in Myanmar becoming a market where international companies can feel secure in their investments.”
