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Invest in Mining and Exploration in Myanmar (Burma) - Invest Myanmar.biz

Mining and Exploration

Myanmar’s Mining Law is a simple mining law and may need certain amendments and refinements. But the current issues facing the mining industry are more of a policy nature than regulatory. Issues regarding ownership ratio in equity joint ventures, share of production in production sharing contracts, cost recovery matters, land ownership, dispute settlement rules, are all being reviewed to attract more foreign and local investment in the mining sector in Myanmar.

Mining and Exploration

Myanmar opposition leader Aung San Suu Kyi uses binoculars to look at the Letpadaung copper mine project during a visit to Myanmar Yang Tse Copper Limited in Monywa.
 Myanmar opposition leader Aung San Suu Kyi uses binoculars to look at the Letpadaung copper mine project during a visit to Myanmar Yang Tse Copper Limited in Monywa.  Mining in Myanmar Mining in Myanmar
Did You Know?
Myanmar Time is 6:30 hours ahead of Greenwich Mean Time. For example on a Monday at midnight in Yangon , it will be: New York (Eastern Standard) 1230 hours on Monday London (GMT) 1730 hours on Monday Bangkok 0030... ... More

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COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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