The best way, in my view, is an enhanced Myanmar Investment Commission (MIC), mostly run by technocrats. This should be broadly based on the Thailand Board Of Investment (BOI) where various ministries have delegated real decision-making to the BOI, whose remit mostly covers the industrial sector. The government would still have overall control of the policies and incentives of a future investment body but each investment proposal would not require multiple stamps.
Tony Picon
Bangkok, Thailand
Source: Myanmar Times
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