The new law combines the Myanmar Citizens Investment Law and the Foreign Investment Law, and was made public on Wednesday. However, some rules and regulations still await approval, observers have said.
Rules and regulations including clear “dos and don’ts” for the business community are expected to be announced within a month of the new law, Dr Maung Maung Lay, vice chairman of the Union of Myanmar Chamber of Commerce and Industry (UMCCI), told the Irrawaddy.