ABOUT YRIC

Yangon Region Investment Committee (YRIC)

Yangon Region Investment Committee (YRIC) is an investment promotion agency for both local and foreign business enterprises in compliance with Myanmar Investment Law (MIL) and its rules. H.E Chief Minister for Yangon Region Government leads the committee. The YRIC is comprised of Ministers from Yangon Region Government and Director for Yangon Branch of the Directorate of Investment and Company Administration (DICA Yangon) as a Secretary. Yangon Region Investment Committee' meeting shall be convened twice a month according to Rules 155 and para 10 of State/Region's procedure of Notification no.25/2017 dated 11th May 2017 & 16/2018 dated 14th August 2018, and 13/20 dated 15th July 2020. The first meeting was held on 23rd August 2017.

YANGON FDI INDEX ( USD$ in Million )

2019 - 2020 ( October to September )

Responsibilities of YRIC

  • Conducts the meeting two times per month
  • Approves the endorsement permit amount up to USD 5 million or MMK 6 Billion in Yangon Region
  • Provides necessary assistance to business communities for facilitation and harmonization on business activites
  • Encourages to incorporate environmental,social and governance aspects into investment businesses
  • Monitors the progress of implementing investment activites in corporation with respective Ministries and Departments

Potential Investment Oppportunities in Yangon Region

  • Multi-purpose Terminal
  • Development of International Sea Port
  • New City Development
  • New City's Water Transporation
  • New Industrial Zones
  • Manufacturing of Automobile Parts & Assembly
  • Manufacturing of Textile & Garment
  • Food Processing and Distribution
  • Regional & Country Level Trading and Retail Supplies
  • Finanical Services Environment
  • Hotel and Tourism

A WORD FROM CHIEF MINISTER

Yangon is at the nexus of a dynamic region. Investors who are seeking growth within Myanmar, greater Southeast Asia, and the mega-markets of China and India should take a closer look at the diverse investment opportunities we offer and the compelling reasons why Yangon Region is an ideal hub for doing business in Asia

H.E U Phyo Min Thein

Committee Members