Shan State Investment Committee
The Shan State Investment Committee was appointed by Notification No. (54/2017) by the Myanmar Investment Commission on 7-7-2017. The Shan State Investment Committee is working to improve and facilitate investment in Shan State and to scrutinize and approve investment projects. From shan shtate Investment Committee, five Myanmar Citizens Investment ; the total investment amount was Kyats in million (6,423.4429) and 3 foreign investments; a total of US $ in million 6.1295 has been approved. We have created about 500 job opportunities and are continuously scrutinizing investment approvals.
The Shan State Investment Committee was appointed Investment monitoring team by Notification No. (1/2018) dated 15.2.2018. The Shan State Investment monitoring team provide field services to facilitate the process of investment activities in Shan State according with the rule, law and procedures.
The Shan State Investment Committee is constantly working on regional development and national economic development. In addition, the Shan State Investment Promotion Committee was set up to implement the Shan State Investment Promotion Plan. The Shan State Investment Promotion Committee collects statistics on investments in Shan State with the help of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) . Advantages: Opportunities and challenges are identified, developing plans and strategic plans.
The Shan State Investment Committee has set priorities every year for the development of investment activities in Shan State. In addition, the Shan State Investment Forum was held from 26.12.2019 to 27.12.2019 to inform local and foreign investors. The activities of the Shan State Investment Committee and investment information in Shan State will be made available to local and foreign investors on the Shan State Investment Committee’s website, www.ssic.gov.mm.