WELCOME TO MYANMAR

PYI DAUNG SU  HLUTTAW PASSED MYANMAR INVESTMENT LAW

On September 7,Pyi Daung Su Hluttaw passed boldly and submitted to President U Thein Sein.The Pyi Daung Su Hluttaw cut  the US$5-million minimum capital needed for Joint Ventures and put the maximum share which the foreign firms can hold in 13 restricted sectors by one percent up to fifty percent.

The Hluttaw removed a clause that said Myanmar citizens had the right to offer to buy ou a foreign investor "if they have the ability to buy and acquire by way of compensation at market rate during the original life of the contract or its extended life if the extebded life is allowed."
This revised  law is more favourable to foreign firms than the last draft.
But the investment in small-to medium-scale enterprises are still limited,because domestic businessmen urged to limit SME.
And it is confirmed that the foreign investments could not be nationalised

KOTRA activity

Arranged by KOTRA Yangon,one-on-one Business with Daegu-Gyeongbuk Korean Trade Mission was held in Ballroom-1,Park Royal Hotel 0n 14th September 2012.

 1. Junghwa Tech Co.,Ltd.

 2. Bo Gwang Textile Co. Ltd.

 3. Mediway Korea Co. Ltd.

 4. Han kook Fire Fighting Equipments Co Ltd.

 5. SORISO Co. Ltd.

 6. Jung An Synthetic Fiber Co. Ltd.

 7. Mungyeong Omija Valley

 8.  DAEWON GSI

 9. Ferrof Co. Ltd.

10. ACEHINGE

•  FEROOF

  •  Head Office & Factory: 565-1 Seonwon-li,Seonnam-myeon Seongju-gun,Gyeongsanbukdo,South Korea        zip code:719-832

    Tel: 82-54-933-9322 Fax: 82-54-933-4254

    * Seoul Office: Rm 812 LG Twintel II 157-3

      Samseong-dong,Kangnam-gu . Seoul,South Korea. Zip code: 135-880

    Tel: 82-2-557-9322 Fax: 82-2-557-5639

www.feroof.com E-mail:info@feroof.com

Feroof said,"With integrity and reliability as well as complete service,we are constantly building our reputation and being acknowledged for the highest quality domesticallyand abroad.

DAEWON GSI
#990-2,Geumsan-Ri,Waegwan-Eup,Chilgok-Gun,Gyeongbuk,R.O.Korea
TEL: 82-54-973-2221
FAX: 82-54-973-2230
E-mail: trade@daewon.com
http://www.daewon.com

Daewon GSI has been developing,installing and processing while leading the new technical age in the rice processing industry.

Myanmar is agricultural-based country.So we can do business with Daewon GSI.

BO GWANG TEXTILE CO. LTD.

This company is doing functional fabrics for home,hotel,hospital,and military use.

www.evri.co.kr

Bo Gwang Textile Company can be our counterpart for Myanmar Textile Factory.