1. 8.Access to Meeting venue: Identification Badges

     8.1 Issuance and use of Identification (ID) Badges  

Identification (ID) badges shall be issued to delegates and must be worn at all times during meetings and functions. IDs are only valid during meetings.

     8.2 Pick-up of ID Badges

          ID Badges shall be available for pick-up at the Information Desk at the MICC (II) from 08:00HRs to 18:00HRs, daily. To collect ID Badges, delegates must present government-issued photo identification in English such as valid passport or diplomatic ID during pick-up.

     8.3 Loss of ID Badges

          Delegates who have misplaced their ID Badges must report the loss promptly to the Forum Secretariat. Once the identity of the delegate is verified, reissuance of their ID Badge shall be made upon submission of an official letter issued by the concerned delegation and the presentation of a government-issued photo identification document in English. Once the concerned delegate’s ID Badge has been replaced, the previous badge shall no longer be valid.

1. 9.Dress Code and language

          The recommended attire for the meetings shall be Lounge Suit and National Dress for Opening Ceremony and Smart Casual for the Meeting. All the meetings will be conducted in English. Translation will be provided only when necessary. Each delegation may bring its own interpreters.

10.General Information

     10.1 Time Zone

          The Myanmar Standard Time is 6.5 hours ahead of GMT (+ 6.5).

     10.2 Weather

             The average temperature for Yangon is   approximately   32 Ċ to 36Ċ. Light clothing is advisable as the climate is hot at this time of the year and humid during the day.

     10.3 Electricity, Internet and Water Supply

             The power supply in Myanmar is 220-240 volts. Outlets are mainly made for two-flat-pronged plugs. Please check the voltage requirements of your appliance before using the wall socket. Adapters are available through the help of the hotel concerned. Free Wi Fi internet service is available at the Forum Venue.

          The tap water is not always potable. Thus delegates may wish to consume bottled water, which can be purchased at the hotels. They are also available at nearest stores or markets.

     10.4 Currency

          The official currency of Myanmar is the Myanmar Kyat. Retailers in Myanmar will in general not accept other currencies, so it is necessary for visitors to change foreign currencies into the Myanmar Kyat to make cash payments. Delegates may wish to change their currencies at the Yangon International Airport after clearing immigration and customs. The average exchange rate is US$ 1= MK 1350 (as of March 2017).

          Major international credit cards are accepted at hotels. Automated Teller Machines (ATMs) are located at the shopping malls in Nay Pyi Taw. ATMs        are also located at Hotels in NPT as well as throughout the city of Yangon.

    10.5 Places of interest

   Further information on places of interest is available at the concerned hotels.

Myanmar Investment Forum 2017: Myanmar: Best Destination for Investment (Opportunities in Special Economic Zones, SEZs, Other Economic Zones and

Industrial Parks)

6-7 June 2017

Nay Pyi Taw, Myanmar

Concept for the Forum

                        In the wake of the historic elections in November 2015, the international community remained optimistic about Myanmar’s economy and private investors also continued to be eager to do business in Myanmar. The United States Administration lifted its economic sanctions in October 2016.However, a convergence of many factors, both domestic and international, contributed to a deceleration in new investment flow. Although the economy grew at an average of 8.5 percent per year in 2013 and 2014, economic growth eased to 7 percent in 2015-2016.Despite all that, the World Bank considers Myanmar as remaining one of the fastest growing economies of the world. It said Myanmar economic prospects are still strong so long as the government can reduce the budget deficit and increase spending on public services and growth to offset the impact of lower commodity prices. If private investments begin to pick up, real GDP growth in Myanmar is projected to rise to 7.8 percent, and average 8.2 percent per year over the medium term.

                        Well aware of the factors contributing to decrease in investment flow, the current government took various steps designed to make Myanmar an easier and attractive place to do business and thus to boost investment. The formation of the new Myanmar Investment Commission, the adoption of a 12-point economic policy and the subsequent adoption of the Myanmar Investment Policy are such steps. These measures, together with other on-going reform measures, are aimed at showing to the would-be investors the transparency and accountability on the part of the government, thus dispelling any lingering doubt or concerns of investors over the investment climate in Myanmar.

            At the same time, The Special Economic Zones (SEZs) and Industrial Zones have been established as economic drivers for growth and development. At present, three SEZs have been designated – one close to Yangon, the commercial capital of Myanmar, another in Dawei in the South of the country with direct access to Thailand, Cambodia and Vietnam and the third one in the South West with overland links to Kunming in China. Plans are now being made to establish an another Special Economic Zone in Southern Yangon Region. The new zone will have an international airport and a deep-sea port nearby. Work for its establishment is said to begin in 2018. It is hoped that the SEZs and the Industrial Zones will be attractive to foreign investors looking for new and profitable opportunities.

            The Myanmar Investment Forum 2017 is the inaugural forum organized by the Myanmar Investors Development Association (MIDA), aimed at providing a platform for leading Government officials and Representatives of local and international businesses to explore and discuss possible investment opportunities in Myanmar. It will be an opportunity for both domestic and international participants to network with each other. Most importantly, it will also constitute a reaffirmation of the Government’s commitment to create a supportive environment for all investors and to facilitate foreign investments. The final objective, therefore, is to strengthen, through the discussion among all the stakeholders, the confidence of both local and foreign investors in the prospects of the Myanmar economy and, thereby paving the way for taking concrete decisions on investment.

                                                 AGENDA (Provisional)

DAY ONE     : 6 June 2017

VENUE          :   Myanmar International Convention Centre II (MICC II), Nay Pyi Taw

DAY TWO:   7 June 2017

Inviting to the Myanmar Investment Forum 2017                                                                    

6 May 2017

Dear Sir / Madame,

          I am inviting you to the Myanmar Investment Forum 2017 in my capacity as the Secretary-General of the Myanmar Investors Development Association(MIDA). The Myanmar Investors Development Association (MIDA) was established as a non-profit organization, based in Yangon. It is the first of its kind founded as a non-governmental organization with the objective of serving as a medium between international and local companies. Our Association comprises nearly 70 domestic companies, both public and private in different sectors of the Myanmar economy, which have projects in many parts of the country. The main function of the MIDA is to render necessary assistance to potential investors in terms of legal and regulatory framework of Myanmar in order to facilitate their decision–making process on their investments in Myanmar. If necessary, on request, we can also connect them to local professional entities and the relevant governmental departments and enterprises.

          Our Association is now planning to hold “The Myanmar Investment Forum 2017: MyanmarBest Destination for Investment (Opportunities in Special Economic Zones-SEZs-, Other Economic Zones and Industrial Parks)”at 6-7 June 2017 at the Royal Naypyitaw Hotel, Nay Pyi Taw, Myanmar. The focus of the Forum is to bring together leading Government Officials and Representatives of local and international businesses to explore and discuss possible investment opportunities in Myanmar. Since we are arranging to have relevant high officials of the Myanmar Government as speakers at the Forum, including the Union Ministers for Planning and Finance and for Commerce, potential investors may have an excellent opportunity to listen to the Government economic policy directions as well as planned reform measures. In the Questions &Answers sessions, they may also seek clarifications from the relevant authorities on questions of their concern in respect of their planned and on-going investments.

          The Forum is a two-day event expected to be attended by the State Counsellor, high government officials, the Diplomatic Corps in Yangon, including Commercial Counsellors, both local and international entrepreneurs and investors and many other participants presently involved and planning to be involved in the development of Myanmar economy. The Forum is so planned to have nine substantive sessions on various topics of interest to prospective investors.

          I am writing to request you to be kind enough to be a participant at this Forum.Your participation will certainly contribute to the achievement of the objectives of the Forum. If you have any preoccupations on the days of the Forum, we will still be pleased to have any person of your choice as the representative.

          Kinkly see hereunder the Agenda (Provisional), the Concept Paper for the Forum, the Administrative Arrangements for the Forum, Forum Registration Form and Royal Naypyitaw Hotel Reservation Form in favour of kind perusal and for due consideration.

          There is no Registration Fee for the Forum.

It is an event not to be missed.

          I fervently hope that we will receive a positive responsefrom you at an earliest convenient date.  

                                              Yours sincerely,                                                                                                                                                                                           (WynnThein)

                                                      Vice-President/ Secretary General

                                             Myanmar Investors Development Association

                          Myanmar Investment Forum 2017

Venue

          The Myanmar Investment Forum 2017 is going to be held at the Royal Naypyitaw Hotel, Nay Pyi Taw on 6-7 June, 2017.

Organizer

The Forum is organized by the Myanmar Investors Development Association (MIDA).

MIDA is a Yangon-based non-profit organization. Its membership consists of private companies from various sectors of the Myanmar economy. The Association serves as a bridge between Myanmar enterprises and international companies. It aims to expose local companies to the world and facilitate foreign direct investment in the country.

Participation

          The Forum is one and a half day event expected to be attended by over 300 participants, including high-ranking government Officials from the relevant Ministries, Representatives of local and international businesses, and experts from professional entities. There will be no registration fees for participants although registration is required.

Objectives

          To provide a platform for exploring and discussing possible investment opportunities in Myanmar and to be acquainted with the most update regulatory and legal framework and also for seeking clarifications from the presenters on questions of concern for potential investors.

Expected outcome

          To dispel once and for all the lingering doubts of potential investors concerning their possible Investment decisions that will finally lead to a noticeable surge in the foreign direct investment inflow into the country. With this outcome in mind the organizing committee of the Forum has made arrangements to ensure the participation of the most appropriate government high officials.

For further information

          For detailed information on the Forum, kindly access the MIDA website: www.mida.com.mm                                  

           Office of the MIDA

           E.mail : myanmarida@gmail.com