Nishant Choudhary, DFDL Myanmar Deputy Managing Director and Co-chair of EuroCham Myanmar’s legal advocacy group, was quoted in a Myanmar Times Article on the Ministry of Investment and Foreign Economic Relations Developments. The Myanmar official gazette recently announced that the government has appointed U Aung Naing Oo as permanent secretary of the recently-created Ministry of Investment and Foreign Economic Relations. He will be in charge of supporting and advising the cabinet ministers on how to drum up foreign investments and build upon reform initiatives reflecting the importance that the government places on business. He is also the director general of the Office of the Union Investment and Foreign Economic Relations. Under his guidance, the 2016 Investment Law and 2017 Companies Law “achieved their intended outcome,” observed Nishant. He is known as a key driver of corporate reform, including MyCo Online, the new electronic registry system, and the digitization of the investment application process. Nishant is “certain that U Aung Naing Oo would work towards further improving the business landscape and regulatory environment.”
The full Myanmar Times Article “DICA chief promoted as investment ministry’s top civil servant“ can be found here: https://www.mmtimes.com/news/dica-chief-promoted-investment-ministrys-top-civil-servant.html
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