18 March 2019
MYANMAR: Official Boost for Trade and Investment Unveiled
The Ministry of Commerce and the Directorate of Investment and Company Administration has recently launched the Trade and Investment Project (TIP), an initiative aimed at boosting the country’s commercial activities and attracting a higher level of overall funding. Set to be implemented over the next two years, the Project’s remit includes the implementation of support services for micro and small and medium enterprises, as well as a proposed update for the country’s next National Export Strategy (2020-2025), which will see gems and jewellery, processed food items and digital businesses become state-promoted export sectors.
Launched with the support of the Geneva-based International Trade Centre (ITC) and the UK’s Department for International Development (DFID), the TIP will implemented in line with the recently-unveiled Myanmar Investment Promotion Plan 2018 (MIPP).