MYANMAR PRIVATE SECTOR INVESTMENT SUMMIT
"Seize Immense Opportunities in Asia's New Economic Frontier"
28 – 30 January 2013, Yangon, Myanmar
Brought to you by Advantique Group Pte Ltd with Official Local Host, Union of Myanmar Federation of Chambers of Commerce (UMFCCI). The Myanmar Private Sector Investment Summit (MPSIS) is your one-stop event that provides essential information and relevant contacts for Myanmar investment and doing business in Myanmar. From Myanmar investment law and trade policies to Myanmar taxation laws and currency reform…
,how to set up company in Myanmar to Myanmar import, export and employment law; from financing options to repatriating profit, and foreign exchange and banking reforms, MPSIS aims to provide guidance and clarity in the uncharted waters of the Myanmar market.
The discussion and clarification of the new Myanmar investment law will take centre stage at the Myanmar Private Sector Investment Summit. The Director General of the Directorate of Investment and Company Administration (DICA), U Aung Naing Oo will be speaking on the highly anticipated Myanmar foreign investment law. Myanmar's DICA is a division under the Ministry of National Planning and Economic Development and is the usually the first stop for foreign investors who are keen to knock on Myanmar's doors as DICA's main responsibility is to scrutinize and appraise projects that are proposed for investment in Myanmar.
Day One, 28 January 2013, Monday
| 08:00 | Registration and Networking Coffee |
| 09:00 |
Chairperson's Welcome and Introductions Jeremy Kloiser-Jones, CEO, Bagan Capital |
| 09:15 |
Keynote Address: Myanmar New Foreign Investment Law & Opportunities for InvestorsU Aung Naing Oo, Director General, Directorate of Investment and Company Administration (DICA)Role of DICA: (a division under the Ministry of National Planning and Economic Development)-Scrutinize and appraise projects that are proposed for investment in the Republic of the Union of Myanmar -Monitor and report the implementation of permitted enterprises -Registration and administration of Limited Companies, Joint Ventures, Partnerships and Association -Take part in regional cooperation relating to investment matters. |
| 09:40 |
Update on the Banking & Financial Reforms in Myanmar-Prospect of currency float -Progress of banking reform -Foreign exchange control -Progress on exchange rate unification Ministry of Finance and Revenue (to be confirmed) |
| 10:05 | Myanmar Transport Infrastructure & Logistics Developments |
| 10:30 | Question & Answer Session |
| 10:45 | Networking & Refreshment BreakOne-to-One Business Consult Clinic (for pre-booked delegates only) |
| 11.15 | Can Myanmar Become a Major Manufacturing Base in Asia? -What does it take for Myanmar be included in ASEAN and global supply chains?-What are the potential sectors that investors can consider?-Government incentives for labour development-Location selection and infrastructure linksDr. Sai Sam Htum, Chairman, Loi Hein Co. Ltd. |
| 11:40 | Doing Business in Myanmar-Setting up a company-Structuring JV with local companies in Myanmar-Repatriating profit-A walk through employment/hiring issues:a) Main Labor Lawsb) Visas and stay permitsc) Required documents for the foreignersd) How the procedure looks like?e) Payment of personal income tax (PIT) in MyanmarDaw Thinn Htut Thidar, CEO, Universal Link Services |
| 12:05 | Question & Answer Session |
| 12:20 |
Networking Lunch One-to-One Business Consult Clinic (for pre-booked delegates only) |
| 13:40 | Chairman's Remarks |
| 13:45 |
Myanmar Tax Reform: Update on Tax Structure and Compliance -Classes of tax and applicable rates -Deferred Tax Assets (DTAs) in relation with other countries in the region -Withholding tax calculations -Capital gain tax -Taxes on rental of equipment, management and service fees -Tax holidays granted to which sectors? -Common tax pitfalls for Myanmar subsidiaries and branches -How do Myanmar tax authorities audit companies? Tin Win, Managing Partner, U Tin Win Consulting Ltd. |
| 14:10 | International Tax Aspects of Doing Business and Investing in Myanmar– Which offshore jurisdictions and types of investment vehicles are efficient for supplier services, financing and holding activities in Myanmar?- How does Singapore, BVI, Cayman, Hong Kong and Thailand compare?- How do Myanmar's tax structures work in practice from both Myanmar and the home country jurisdiction, eg: UK, Singapore, India, Thailand?- Exit strategies when completing projects and selling investments in Myanmar- Cross border transactions with Myanmar – tax planning tips for 2013Jack Sheehan, Regional Director, Tax and Customs Practice, DFDL Legal & Tax |
| 14:35 | Understanding the Import & Export Payment System in Myanmar-Import/export market overview-Purchase of foreign currency for importing companies-Restrictions for foreign companies-Possible solutions for foreign trading companies-Future developmentDr Aung Thura, CEO, Thura Swiss Ltd. |
| 15:00 | Question & Answer Session |
| 15:15 |
Networking & Refreshment Break One-to-One Business Consult Clinic (for pre-booked delegates only) |
| 15:45 | Opportunities in the Construction & Real Estate Sectors-Current situation in Myanmar-Opportunities and challenges-Related laws and regulations to considerMyat Thu Winn, Managing Director, Shwee Win Tha Enterprises Co. |
| 16:10 | Investment Opportunities in Hotel & Tourism Sector in Myanmar-Current and projected demand & supply situation-Land rights for commercial developments-Related laws and regulations to considerGary Biesty, Partner, South Asia Law Co., Ltd |
| 16:35 | Latest Updates on Land Laws & Leasing Regulations in Myanmar– Types and classes of land- Update on Farmland bill and Vacant, Fallow and Virgin Land Management bill- Land rights for property developments, manufacturing plants and other commercial developments- Procedures and formalities to noteJames Finch, Managing Partner, DFDL Myanmar |
| 17:00 | Final Discussion followed by End of Day One's Proceedings |
| 17:15 -19:15 | Networking Reception* Excellent chance for informal talks and building rapport* Light Food and Drinks will be served* Features “Myanmar Immersion Program” to help you THINK LOCAL & ACT LOCAL! 1. Sharing on “Myanmar Culture and Customs, and Tips for Social and Business Etiquettes” by Mr Sai Aung Mane.2. Sharing on “Life in Yangon” by Mr. Evelin Petkov (foreigner’s perspective on living in Myanmar). |
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Day Two, 29 January 2013, Tuesday
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| 09:00 | Chairman's Remarks Keith W. Rabin, President, KWR International, Inc. |
| 09:10 | New Opportunities in Myanmar's Agriculture Production & Processing Sectors, Rural Development & Bioenergy Village– Agricultural potentials (season, annual and perennial crops) – emphasis on major Rice, Beans & Pulses, Rubber, Oil Palm, etc- Downstream processing of the above crops- Downstream processing – Post harvest activities (eg: Cold Room Chain, Warehousing, Processing, etc)- Marketing – Farm gate urban, and export marketing network, Market information / intelligence- Poverty alleviation and rural development – Farmers' organisation, management and distribution of important inputs (fertilizers, seeds)- Biovillage Energy Supply – Biofuel and rural energy supply, renewable energiesHishamuddin Koh, Chairman/CEO, Hisham Koh and AssociatesExecutive Chairman, Myanmar Plantation Management and Advisory Co. Ltd |
| 09:45 | Development & Prospects of Timber Industry in Myanmar-Types of timber products, capacities, export volumes and markets-Current state of the timber product trading and ways to add value-Update on legislations and policies-How would the local timber industry like to work with foreign investors?Barber Cho, Joint Secretary General, Myanmar Timber Merchants Association |
| 10:10 | Investing in Frontier Market – Experience of Foreign Investor operating in Myanmar– Status and Opportunities in Rubber & Teak Plantation- Status and Opportunities in Opportunities in Agriculture Commodity Processing and Trading- Status and Opportunities in Real Estate (Service Apartments / Service Office)Ma Cherry, Director, Two Palms Company Ltd. |
| 10:35 | Question & Answer Session |
| 10:50 |
Networking & Refreshment Break One-to-One Business Consult Clinic (for pre-booked delegates only) |
| 11:20 |
Fishery Industry in Myanmar-Development of wild fisheries and farmed fisheries -Development for cold storage and processing -Trading situation: import and export volume -Import and export laws relating to fishery U Hla Win, Senior Advisor, Myanmar Fisheries Federation |
| 11:45 | Prospects in Myanmar’s Exciting Retail SectorSteven Nyi Nyi Aung, Director of Business Development, Annam Myanmar Co. Ltd |
| 12:10 |
Investing in Myanmar Border Areas: Challenges And OpportunitiesThe Myanmar frontier (border) areas have low-cost and youthful workforce, beautiful landscapes, and natural resources like vast arable land and water. Opportunities are brimming in the sectors of: Tourism, Agriculture, Manufacturing and Trading, and the time is ripe for investing in these areas because the new government has successfully signed ceasefire with almost all of ethnic armed groups that control large parts of border areas. This presentation provides an in-depth analysis on challenges and opportunities for investing in Myanmar frontier (border) areas, helping future investors formulate better strategies for entry and stay profitable in the long run: – Where are the major cross-border trading points? – Where to invest and in which sectors and who to work with? – What goods or services to produce and for which markets? – How to gain access to the frontier areas? – Understanding and dealing with concerns and interests of local stakeholders – Competition with rivals on the other side of the border Sai Aung Mane, Research Associate, Lee Kuan Yew School of Public Policy, National University of Singapore |
| 12:35 | Final discussion and wrap up |
| 12:45 | Networking Lunch |
| 14:00-17:00 | BUSINESS MATCHING SESSION (only for registered conference participants) |