Myanmar Encourages High-Quality and Responsible Investment with Improved Business Environment

Nay Pyi Taw, August 30. During the Myanmar-Russia bilateral economic talks held on August 19, Myanmar President Min Aung Hlaing stated that Myanmar is actively encouraging and welcoming high-quality and responsible investment.

President Min Aung Hlaing pointed out that to boost domestic and foreign investment growth, Myanmar has been committed to building a clearer, more stable, transparent and sound business environment. The country is streamlining administrative procedures, optimizing service efficiency and rolling out targeted policy support to facilitate market operation.

The President emphasized that Myanmar gives priority to high-quality and responsible investment projects. It attaches great importance to long-term sustainable ecosystem balance and coordinated economic development. The government will provide full necessary support for compliant investment projects to achieve steady and sustainable growth.

The latest statement sends a strong signal of Myanmar’s opening-up and development determination. It will effectively boost international investor confidence, attract premium capital and industries, and support Myanmar’s long-term economic recovery and high-quality development.