LEGAL CONCERNS STALL FOREIGN INVESTMENT IN MYANMAR METAL ORE MINING
April 1st, 2017
Continued uncertainty over the legal and fiscal regulations governing Myanmar's metal ore mining industry is deterring substantial foreign investment from medium-and-large western mining companies, although industry insiders remain positive about the sector’s medium and longer-term potential.
Since Myanmar’s previous military-supported government amended the country’s 1994 mining law in December 2015, in an attempt to modernise the sector’s rules and kickstart the industry, the National League for Democracy government (which took power last April) has ...
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