IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 22 Dec 2017 | Removal date: open ended
Still in force

Instrument unclear

On 22 December 2017, the Myanmar Investment Commission (MIC) published a notification inviting proposals to invest in manufacturing of certain import substitution commodities. The MIC has offered the investors assistance in land and electricity procurement and an expedited scrutinization of the business proposals.

The investment areas listed for import substitution include manufacturing of different types of vehicles and vehicle-related fixtures and parts of machines, tractors and trailers, telephone and telecommunication equipment, machine and machinery equipment, electricity distributing and control apparatus, iron & steel, fertilizers, plastic raw materials, paper, emulated fibre, edible oil, medicine and cosmetic products.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
321 Pulp, paper & paperboard
346 Fertilizers & pesticides
347 Plastics in primary forms
352 Pharmaceutical products
353 Soap, cleaning preparations, perfumes & toilet preparations
363 Semi-manufactures of plastics
411 Basic iron & steel
412 Products of iron or steel
431 Engines & turbines & parts
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
433 Bearings, gears, gearing & driving elements; parts
434 Ovens & furnace burners & parts
435 Lifting & handling equipment & parts
439 Other general-purpose machinery & parts
462 Electricity distribution & control apparatus; parts
491 Motor vehicles, trailers & semi-trailers; parts
492 Motor vehicle bodies; trailers & parts thereof

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