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The State-owned Economic Enterprises Law

The State-Owned Economic Enterprises Law (enacted 1989) outlined that the government of Myanmar retains exclusive rights to conduct business in certain sectors. The law allows local and foreign investors to conduct business in these sectors through contracts or joint venture agreements with the government. By law, the government has final authority over all aspects of operations in these sectors, including the production, transportation, storage and sale of products, and may halt, change or make prescriptions with due notification.

However, in some cases the government does permit private companies to operate with a high degree of autonomy in these sectors, including private power, airlines and telecom companies. Permits, regulations and procedures for these business fall under the authority of the specific government ministry that oversees the sector.

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Data Resource Preview - The State-owned Economic Enterprises Law

Additional Info

Field Value
Geographic area (spatial range)
  • Myanmar
  • Yangon
Document reference # 9/89
Issuing agency/parties
  • State Law and Order Restoration Council
  • English
  • Burmese
Formal type of document Law
  • Economic policy and administration
  • Extractive industries policy and administration
License Creative Commons Attribution
Copyright To be determined
Status Signed and in effect
Adoption date/Enacted/Promulgation date/Signing date March 31, 1989
Effective/Enforced Date March 31, 1989
Publication reference The official gazette
Date uploaded December 6, 2017, 11:34 (UTC)
Date modified October 27, 2019, 14:50 (UTC)