Issues a Notification related to investment in the education sector
On 20 April 2018, the Myanmar Investment Commission (MIC) issued a Notification (7-2018) allowing foreigners to make full capital investments in private schools. According to the Notification, the MIC may permit domestic or foreign investors to carry out investments in the following types of education services in the form of private schools: (1) Basic education school, (2) Technical, vocational and training school, (3) Higher education school, (4) Subject-based school, (5) Private school designated by the Government. The Notification shall remain effective until such time when the law relating to private schools, technical and vocational education and training, and higher education is enacted.
Type: Entry and establishment (Ownership and control)
Industry: Services (Education)
- Myanmar Investment Commission, Notification 7/2018 , Apr 20, 2018
- The Myanmar Times, Myanmar permits full foreign capital investments in education sector, Apr 23, 2018