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OECD INVESTMENT POLICY REVIEW OF
MYANMAR BASED ON THE PFI
Aung Naing Oo
Director General, DICA
Ministry of National Planning and Economic
Development
Co-Chair of the Task Force
Update of the PFI
1st Global Task Force Meeting
Bali, 24 March 2014
 The first international investment policy project in Myanmar
 Take advantage of OECD diagnosis & benchmarking to support
Myanmar’s ambitious reform programme
 Access to recommendations based on good practices in investment
policy making and implementation
 Build capacity building through the Review process – establishment
of 17 agency Task Force
 Stimulate dialogue
 within government
 with stakeholders
 with peers (ASEAN, OECD)
Why the OECD Investment Policy Review of
Myanmar?
Dates
March 2012 OECD Mekong Investment Forum
June 2012 First OECD-ASEAN mission and meeting of the Task
Force, funding through AANZFTA
October 2012 OECD workshops on investment policy making with
Task Force
February 2013 OECD fact-finding mission with technical experts
June 2013 Stakeholder workshops in Yangon and Nay Pyi Taw
15 October 2013 Presentation at OECD Investment Committee
1 March 2014 Launching of IPR of Myanmar with Minister of National
Planning and Economic Development in Nay Pyi Taw
with Members of Parliament, 20 Ministries, ASEAN
Ambassadors, and international partners + seminar on
responsible investment
2014 Follow-up at national level and regional through
ASEAN-OECD Investment Programme
Update of the PFI
IPR Process
Ministry of National
Planning and Economic
Development– lead
agency for the 17
agency PFI National
Task Force
Eg: IFC/WB
using IPR as
reference for
technical
assistance
• Objective benchmarking of Myanmar’s investment policy
reforms and progress vis-à-vis regional and global standards
• Exposure to regional and global experiences in investment
policy including investment promotion and responsible business
conduct
• Capacity building for task force that drove IPR
• Promote international visibility of Myanmar’s reforms through
candid review process
• Deepen co-operation with OECD and other partners, such as the
IFC, in implementing key recommendations (improve legal and
regulatory framework, streamline business regulation, build
capacity to promote responsible investment…)
• Sharing of experience at regional level with ASEAN peers
(Indonesia, Malaysia, Viet Nam, Philippines, Lao PDR have or are
undertaking PFI-based Reviews)
Main benefits and way forward

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Myanmar and the Policy Framework for Investment - Aung Naing Oo – Southeast Asia Regional Forum

  • 1. OECD INVESTMENT POLICY REVIEW OF MYANMAR BASED ON THE PFI Aung Naing Oo Director General, DICA Ministry of National Planning and Economic Development Co-Chair of the Task Force Update of the PFI 1st Global Task Force Meeting Bali, 24 March 2014
  • 2.  The first international investment policy project in Myanmar  Take advantage of OECD diagnosis & benchmarking to support Myanmar’s ambitious reform programme  Access to recommendations based on good practices in investment policy making and implementation  Build capacity building through the Review process – establishment of 17 agency Task Force  Stimulate dialogue  within government  with stakeholders  with peers (ASEAN, OECD) Why the OECD Investment Policy Review of Myanmar?
  • 3. Dates March 2012 OECD Mekong Investment Forum June 2012 First OECD-ASEAN mission and meeting of the Task Force, funding through AANZFTA October 2012 OECD workshops on investment policy making with Task Force February 2013 OECD fact-finding mission with technical experts June 2013 Stakeholder workshops in Yangon and Nay Pyi Taw 15 October 2013 Presentation at OECD Investment Committee 1 March 2014 Launching of IPR of Myanmar with Minister of National Planning and Economic Development in Nay Pyi Taw with Members of Parliament, 20 Ministries, ASEAN Ambassadors, and international partners + seminar on responsible investment 2014 Follow-up at national level and regional through ASEAN-OECD Investment Programme Update of the PFI IPR Process Ministry of National Planning and Economic Development– lead agency for the 17 agency PFI National Task Force Eg: IFC/WB using IPR as reference for technical assistance
  • 4. • Objective benchmarking of Myanmar’s investment policy reforms and progress vis-à-vis regional and global standards • Exposure to regional and global experiences in investment policy including investment promotion and responsible business conduct • Capacity building for task force that drove IPR • Promote international visibility of Myanmar’s reforms through candid review process • Deepen co-operation with OECD and other partners, such as the IFC, in implementing key recommendations (improve legal and regulatory framework, streamline business regulation, build capacity to promote responsible investment…) • Sharing of experience at regional level with ASEAN peers (Indonesia, Malaysia, Viet Nam, Philippines, Lao PDR have or are undertaking PFI-based Reviews) Main benefits and way forward