{"id":2440,"date":"2019-08-20T02:07:59","date_gmt":"2019-08-20T08:37:59","guid":{"rendered":"http:\/\/kic.gov.mm\/?page_id=2440"},"modified":"2021-05-12T01:03:21","modified_gmt":"2021-05-12T07:33:21","slug":"mic","status":"publish","type":"page","link":"https:\/\/kic.gov.mm\/en\/mic\/","title":{"rendered":"MIC"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div id=\"ultimate-heading-840969e396596d365\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-840969e396596d365 uvc-8632  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-840969e396596d365 h4'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h4 style=\"--font-weight:theme;\">INFORMATION ON THE MYANMAR INVESTMENT COMMISSION (MIC)<\/h4><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"vc_separator wpb_content_element vc_separator_align_center vc_sep_width_100 vc_sep_pos_align_center vc_separator_no_text vc_sep_color_grey wpb_content_element  wpb_content_element\" ><span class=\"vc_sep_holder vc_sep_holder_l\"><span class=\"vc_sep_line\"><\/span><\/span><span class=\"vc_sep_holder vc_sep_holder_r\"><span class=\"vc_sep_line\"><\/span><\/span>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element \" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div><\/div>\n<div id=\"scroll-1\" class=\"scroll-title\">INFORMATION<\/div>\n<p>The Myanmar Investment Commission (MIC) is a government-appointed body which is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments.The new Myanmar Investment Law changes the role of the MIC with fewer investment proposals requiring formal MIC approval and a new Endorsement process \u2013 whereby proposals are fast-tracked by being \u2018endorsed\u2019\u00a0 by the MIC \u2013 now available to investors.The MIC is comprised of representatives and experts from government ministries, departments and governmental and non-governmental bodies. It has been formed under\u00a0<a href=\"http:\/\/www.dica.gov.mm\/sites\/dica.gov.mm\/files\/document-files\/myanmar_investment_law_official_translation_23-1-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Myanmar Investment Law<\/a>.<\/p>\n<p>Objectives of MIC are as follows:<\/p>\n<ul>\n<li>To protect investors according to the new investment law promulgated by Union Hluttaw (Parliament)<\/li>\n<li>To safeguard environmental conservation<\/li>\n<li>To deeply emphasize on social impact<\/li>\n<li>To practise accounting and auditing in accordance with international standard in financial matters including transparency and accountability<\/li>\n<li>To create job opportunities<\/li>\n<li>To\u00a0abide existing labour law<\/li>\n<li>To\u00a0support corporate social responsibilities<\/li>\n<li>To\u00a0transfer technology<\/li>\n<\/ul>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner vc_custom_1531892743470\"><div class=\"wpb_wrapper\"><div class=\"vc_separator wpb_content_element vc_separator_align_center vc_sep_width_100 vc_sep_pos_align_center vc_separator_no_text vc_sep_color_grey wpb_content_element  wpb_content_element\" ><span class=\"vc_sep_holder vc_sep_holder_l\"><span class=\"vc_sep_line\"><\/span><\/span><span class=\"vc_sep_holder vc_sep_holder_r\"><span class=\"vc_sep_line\"><\/span><\/span>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element \" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div id=\"scroll-2\" class=\"scroll-title\">MEMBERS OF THE MYANMAR INVESTMENT COMMISSION (MIC)*:<\/div>\n<div><\/div>\n<div><\/div>\n<p>According to\u00a0<a href=\"http:\/\/www.dica.gov.mm\/sites\/dica.gov.mm\/files\/document-files\/mic_membernew_english_14-6-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Notification No. 30\/<\/a>2021 of the State Administration Council\u00a0 of Myanmar on 4th\u00a0 March 2021, the formation of Myanmar Investment Commission is as follow;<\/p>\n<table style=\"height: 435px;\" border=\"0\" width=\"558\" cellspacing=\"0\" cellpadding=\"0\">\n<thead>\n<tr>\n<th scope=\"row\">NO.<\/th>\n<th scope=\"col\">NAME<\/th>\n<th scope=\"col\">FUNCTION<\/th>\n<th scope=\"col\">INSTITUTION<\/th>\n<th scope=\"col\">ROLE<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td scope=\"row\">1.<\/td>\n<td><em>Lieutenant-<\/em>General Moe Myint Tun<\/td>\n<td>Union Minister<\/td>\n<td>Member of the State Administration Council<\/td>\n<td>Chairman<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">2.<\/td>\n<td>H.E U Aung Naing Oo<\/td>\n<td>Union Minister<\/td>\n<td>Ministry of Investment and Foreign Economic Relations<\/td>\n<td>Vice Chairman<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">3.<\/td>\n<td>U Khin Maung Yee<\/td>\n<td>Union Minister<\/td>\n<td>Ministry of Natural Resources and Environmental Conservation<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">4.<\/td>\n<td>H.E Dr. Daw Thida Oo<\/td>\n<td>Union Attorney General<\/td>\n<td>Union Attorney General Office<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">5.<\/td>\n<td>U Nyunt Aung<\/td>\n<td>Deputy Minister<\/td>\n<td>Ministry of Commerce<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">6.<\/td>\n<td>U Win Thaw<\/td>\n<td>Deputy Chairman<\/td>\n<td>Center Bank of Myanmar<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">7.<\/td>\n<td>U Kyaw Min Oo<\/td>\n<td>Permanent Secretary<\/td>\n<td>Ministry of Agriculture, Livestock and Irrigation<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">8.<\/td>\n<td>U Min Htut<\/td>\n<td>Director General<\/td>\n<td>Ministry of Planning, Finance and Industry<\/td>\n<td>Member<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\">9.<\/td>\n<td>\u00a0U Thant Sin Lwin<\/td>\n<td>Director General<\/td>\n<td>Directorate of Investment and Company Administration<\/td>\n<td>\u00a0Secretary<\/td>\n<\/tr>\n<tr>\n<td scope=\"row\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td scope=\"row\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td scope=\"row\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td scope=\"row\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>The Notification No.30\/2021 issued by the State Administration Council on 4th March\u00a0 2021 was repealed by this Notification.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner vc_custom_1531892743470\"><div class=\"wpb_wrapper\"><div class=\"vc_separator wpb_content_element vc_separator_align_center vc_sep_width_100 vc_sep_pos_align_center vc_separator_no_text vc_sep_color_grey wpb_content_element  wpb_content_element\" ><span class=\"vc_sep_holder vc_sep_holder_l\"><span class=\"vc_sep_line\"><\/span><\/span><span class=\"vc_sep_holder vc_sep_holder_r\"><span class=\"vc_sep_line\"><\/span><\/span>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element \" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div id=\"scroll-3\" class=\"scroll-title\">FURTHER INFORMATION<\/div>\n<ul>\n<li><a href=\"https:\/\/www.dica.gov.mm\/en\/apply-mic-permit\">MIC application criteria<\/a><\/li>\n<li><a href=\"https:\/\/www.dica.gov.mm\/en\/step-by-step\/mic-application-process\">MIC application process<\/a><\/li>\n<\/ul>\n<div class=\"dica-page-contact\">\n<div id=\"scroll-4\" class=\"scroll-title\">CONTACT<\/div>\n<table class=\"contact-table\" border=\"0\" width=\"1151\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>Head Office Yangon\u00a0<\/strong><br \/>\nNo.1, Thitsar Road, Yankin Township, Yangon.<br \/>\nContact: 01 658 103<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/p>\n<p><strong>State and regional branch offices<\/strong><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><strong>Naypyitaw Branch, Naypyidaw Union Territory<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Office No.32, Nay Pyi Taw.<br \/>\nContact: 067 406124, 067 406166<\/td>\n<td><strong>Mandalay Branch, Mandalay Division<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Corner of 26 Street &amp; 84 Street, North of Zaycho Building, Third Floor<br \/>\nChanayetharsan Township, Mandalay.<br \/>\nContact: 02 866 61, 02 866 62<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><strong>Taunggyi Branch, Shan State<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Department of Trade Promotion and Consumer Affair Compound, East Circular Road<br \/>\nYae Aye Kwin Quarter, Taunggyi Towhship.<br \/>\nContact: 081 2124293<\/p>\n<p>&nbsp;<\/td>\n<td><strong>Mawlamyaing Branch, Mon State<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Yone Gyi Street, Panpatan Ward, Compound of Mon State Government Office, Mawlamyaing,Mon State.<br \/>\nContact: 057 23395<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><strong>Pathein Branch, Ayeyarwady Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>No.38, Aoo Bo Tan Street, Quartar (3), Pathein.<br \/>\nContact: 042 24662<\/td>\n<td><strong>Monywa Branch, Sagaing Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Compound Office of District Administration Committee, Yone Gyee Road, Yone Gyee Quarter, Monywa.<br \/>\nContact: 071 26274<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><strong>Dawei Branch, Tanintharyi Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Combined Office, San Chi Quarter, Dawei Towinship<br \/>\nContact: Phone 059 22230, Fax 059 22233<\/td>\n<td><strong>Bago Branch, Bago Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Bago Regional Ministers&#8217; Office, Taungoo Street, Yone Gyee Quarter, Bago Towinship<br \/>\nContact: Phone 052-2201747, Fax\u00a0 052-2201748<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><strong>Hpa-An Branch, Kayin State<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Kayin State Ministers&#8217; Office, Thu Da Nu Street, Hpa-An Towinship<br \/>\nContact: Phone 058 22749, Fax\u00a0 058 22750<\/td>\n<td><strong>Magway Branch, Magway Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Combined Office, Pyi Taw Thar (1) Street, Pyi Taw Thar Quarter, Magway TowinshipContact: Phone 063 28748, Fax\u00a0 063 28748<\/p>\n<h4><\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td><strong>Loikaw Branch, Kayah State<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>State Government Office, Daw U Khu Quarter, Loikaw.<br \/>\nContact: Phone<\/p>\n<p>&nbsp;<\/td>\n<td><strong>Magway Branch, Magway Region<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Combined Office, Pyi Taw Thar (1) Street, Pyi Taw Thar Quarter, Magway TowinshipContact: Phone 063 28748, Fax\u00a0 063 28748<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><strong>Myitkyina Branch, Kachin State<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Government Office Compound, Yone Gyi Street, Ayar Quarter, Myitkyina Towinship, Kachin State<br \/>\nContact: Phone 074 2524201, Fax 074 2520103<\/td>\n<td><strong>Sittwe Branch, Rakhine<a href=\"https:\/\/maps.google.com\/?q=19.676653,97.206801&amp;hl=en&amp;gl=gb\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0S<\/a>tate<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Government Office Compound, May Yu Street, Ball Lone Kwin Quarter, Sittwe Towinship, Rakhine State<br \/>\nContact: Phone 043 2024528, Fax 043 2024529<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>\n<h4>Hakha\u00a0Branch, Chin<a href=\"https:\/\/maps.google.com\/?q=19.676653,97.206801&amp;hl=en&amp;gl=gb\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0S<\/a>tate<\/h4>\n<p>Compound Office, Zay Thit Quarter, Hahka Towinship, Chin State<br \/>\nContact: Phone,Fax 070 21323<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Yangon Branch Office and One Stop Services (OSS) , Yangon<\/strong><\/p>\n<p>Plot No.49, Myay Taing No. 85\/KanBae,Sein Lae May Lane,Kabar Aye Road,Yankin Township,Yangon<\/p>\n<p>Contact: Phone +95-01-658263<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>INFORMATION ON THE MYANMAR INVESTMENT COMMISSION (MIC) INFORMATION The Myanmar Investment Commission (MIC) is a government-appointed body which is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments.The new Myanmar Investment Law changes the role of the MIC with fewer investment proposals requiring formal MIC approval and a new Endorsement&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/2440"}],"collection":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/comments?post=2440"}],"version-history":[{"count":5,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/2440\/revisions"}],"predecessor-version":[{"id":3780,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/2440\/revisions\/3780"}],"wp:attachment":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/media?parent=2440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}