Sep 5, 2012

Myanmar Private Sector Investment Summit (MPSIS)

Press Contact:
Selina Wong
+65 6243 3778

Myanmar Private Sector Investment Summit (MPSIS)
1 – 2 November 2012
Yangon, Myanmar

Myanmar’s awakening spells good news for companies seeking sustainable growth amidst global economic slow down

Myanmar’s open door policy amid global economic uncertainties is the beacon of hope for companies seeking new markets and sustained growth. The Myanmar Private Sector Investment Summit (MPSIS) highlights the importance of the private sector in building up the economy of Myanmar and aims to provide guidance and clarity to investors in the uncharted waters of the Myanmar market.

Detailed Background

Myanmar opens its doors to foreign investments at a very opportune time when major economies in the US and EU are suffering and powerhouses of Asia – Japan, China and India are slowing down. Investment in Myanmar is the new hope for companies in search of green field markets to sustain company growth. Investors, MNCs, SMEs alike are racing to invest in Myanmar in order to claim first-mover advantage in possibly the last untapped market in the world.

With a strength of 50 million population, new business opportunities in Myanmar are blooming. From trading in myanmar to retailing, and manufacturing in various sectors, the new government under the leadership of President Thein Sein promises ease of entry and favourable terms for foreign companies keen on investing and doing business in Myanmar. 

An initial draft of the delayed new Myanmar investment law includes terms that raise concerns among the local companies in Myanmar, for instance the 10-year tax exemption periods and liberal foreign ownership conditions.

Singapore based conference production specialist, Advantique Group Pte. Ltd. is organizing a timely conference on Myanmar investment and trade. Scheduled on 1 – 2 November 2012 in Yangon, the Myanmar conference is aptly named the “Myanmar Private Sector Investment Summit” (MPSIS) highlights the importance of the private sector, be it investment by conglomerates or contributions by small and medium enterprises (SME) to build up the economy of Myanmar. Among the key private sector led sectors in focus include: Manufacturing, Retail, Trading, Agriculture, Fisheries, Hotel & Tourism, Construction & Real Estate, Forestry & Timber, Information and Communications Technology (ICT).

The conference agenda of the Myanmar Private Sector Investment Summit (MPSIS) is designed to provide essential information about investing and doing business in Myanmar. From Myanmar foreign investment laws and trade policies to Myanmar taxation laws and currency reform; from how to set up company in Myanmar to Myanmar import/export and employment law; from seeking financing and local partners for new business in Myanmar to repatriating profit and other financial regulations, MPSIS aims to provide guidance and clarity in the uncharted waters of the Myanmar market.

The Director General of the Directorate of Investment and Company Administration (DICA), U Aung Naing Oo is speaking at the summit about the much-awaited foreign investment law. Myanmar’s DICA is a division under the Ministry of National Planning and Economic Development and is the usually the first stop for foreign investors who are keen to knock on Myanmar’s doors as DICA’s main responsibility is to scrutinize and appraise projects that are proposed for investment in Myanmar.

Other senior government officials from the ministry of agriculture, ministry of commerce, and the ministry of finance and revenue are scheduled to brief foreign business owners on opportunities, policies and incentives in Myanmar. Established private Myanmar companies are also among the authoritative speaker panel of MPSIS. 

In conjunction with the Myanmar Private Sector Investment Summit (MPSIS), Advantique Group is conducting the Myanmar Investment Survey to gauge business interests in Myanmar. Survey respondents are rewarded with a USD50 discount for MPSIS registration if they complete the survey before 15 September 2012. To participate in the Myanmar Investment Survey, please go to

Early bird discounted rate of USD1,290 per person is valid for registration made before 15 September 2012; whereas the standard rate is USD1,590 per person. The USD50 discount for respondents of the Myanmar Investment Survey is valid in addition to the early bird discount.

For more information, please visit or contact Ms. Selina Wong at or +65 6243 3778.


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