Foreign Investment restrictions
The following businesses are restricted to foreign investment:
1. Businesses that can affect the culture and traditions of the ethnics.
2. Businesses that can be harmful to people’s health.
3. Businesses that can be harmful to the environment and the eco-system.
4. Businesses that will import harmful or toxic waste into the country.
5. Businesses that will produce or use harmful chemicals in the view of international
standards.
6. Manufacturing and services that can be undertaken by Myanmar citizens, as
prescribed by the Myanmar Investment Commission (MIC).
7. Import of technologies, medicines and utilities from overseas that are still at the
trial period and has yet to be approved for the use by public.
8. Agriculture and short or long term plantations that can be undertaken by
Myanmar citizens.
9. Livestock breeding businesses that can be undertaken by Myanmar citizens.
10. Offshore fishing businesses that can be undertaken by Myanmar citizens.
11. If the investment site is not located in the economic zones set up by the Union
Government, the investor is not allowed to set up a business within 10 miles from
the border lines.