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Myanmar Special Economic Zones Law (The Pyidaungsu Hluttaw Law No. 1/2014).

Country/Territory
Myanmar
Document type
Legislation
Date
2014
Source
FAO, FAOLEX
Subject
General
Keyword
Basic legislation Offences/penalties Land commission Land-use planning Legal proceedings/administrative proceedings Inspection Institution Authorization/permit Business/industry/corporations International trade Sustainable development
Geographical area
Asia, Asia and the Pacific, Indian Ocean, Least Developed Countries, South-Eastern Asia
Abstract

The objectives of this law are as follows: (a) To support the main goals of the national economic development project; (b) To increase job opportunities for the people, to ameliorate their living standard, to promote the production of commodities, to increase export and to earn more income in foreign exchange; (c) To encourage, promote the harmonious development of the industry, economy and society; (d) To promote industrial, economic and commercial enterprises, cooperation in services and finances between the state and other countries and to provide opportunities to citizens to learn vocational skills; (e) To encourage local and foreign investment by constructing infrastructure for developers and investors; (f) To promote local and foreign investments in the special economic zones. To create new employment opportunities and to create industries next to the special economic zones.

Full text
English
Website
www.dica.gov.mm