Foreigners can now trade in Construction Materials, Hospital Equipment, Fertilizers, Seeds and Pesticides without having to JV with Myanmar citizens

Foreigners can now trade in Construction Materials, Hospital Equipment, Fertilizers, Seeds and Pesticides without having to JV with Myanmar citizens

Under Ministry of Commerce Notification 36/2017 foreign-owned companies can now trade, import, wholesale and retail the following items:
1. Construction Materials
2. Hospital Equipment
3. Fertilizers
4. Seeds
5. Pesticides

Previously only local Myanmar companies and foreign JV with Myanmar citizens were allowed to be engaged in the above sectors.

Under the new government we are slowly seeing the opening up of sectors that Myanmar people do not have the capital &/or knowhow to participate in being opened to foreigners. One of the sectors that was opened to foreign companies recently was the wholesale, distribution and retail of LPG to Puma Energy.

Foreign companies that are interested to trade in the above list of 5 items please contact us by sending an email to [email protected]

For more detail : https://consult-myanmar.com/2017/06/26/foreigners-can-now-trade-in-construction-materials-hospital-equipment-fertilizers-seeds-and-pesticides-without-having-to-jv-with-myanmar-citizens/