Myanmar  Citizens  Investment

        - The Republic of the Union of Myanmar Myanmar Citizens Investment Law

           (March, 1994)

       (a)   to cause investments of Myanmar citizens to be beneficial to the State;

       (b)   to promote development of production and services;

       (c)   to cause production of goods by utilizing the natural resources of the country.

       (d)   to establish enterprises for import substitution;

       (e)   to promote and expand export;

       (f)    to promote development of technology;

  - The duties and rights of the an investor are as follows :-

(a)     being responsible to abide by the provision of this Law, rules, procedures, orders, directives issued under this Law and conditions of the permit;

(b)   being responsible for effecting insurance with the Myanmar Insurance in accordance with the Myanmar Insurance Law;

(c)    having the right to appoint foreign experts for the time specified, when necessary, after obtaining the approval of the Commission;

(d)    having the right to obtain assistance from the relevant Government department and Government organization to acquire land, building, water, telecommunication and energy which are basic requirements for the economic activity;

(e)    having the right to acquire and utilize in accordance with the Law, technical assistance and technology form the relevant Government department and Government organization, in operating an economic activity;

(f)     having the right to submit to the Commission when it is considered necessary to review and alter any order or decision of the Commission, in order that an economic activity may be operated successfully in accordance with the proposal or in order that the right to which he is entitled in accordance with the Law may be obtained in full;

(g)   having the right to submit to the Commission and the relevant department and Government organization for acquiring his  benefits in accordance with the Law and for causing action to be taken in respect of his grievances;

(h)    having the right to form and operate in accordance with the Foreign Investment Law, if desirous of establishing a joint venture with a foreigner or with any foreign company.