Myanmar reduces FDI hurdles for healthcare

 28-Sep-17, Health Investor Asia

In the second quarter of 2017, the Myanmar Investment Commission (MIC) authorised USD3 bn of investment across 93 projects. Healthcare is a key sector, not only because improvement of healthcare for the country’s 56 million inhabitants is a key government objective, but also because of the diverse investment opportunities afforded to private investors given the vast untapped potential.

Image: The Myanmar Times

The MIC has designated certain health services (including hospital service, medical laboratory service, traditional medicine hospital service and private clinic service), production of medicines and production of medical equipment and supplies, as well as related research, as what it calls investment promoted sectors. These will enjoy particular benefits under the Myanmar Investment Law.

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