Myanmar Investment Commission

Myanmar Investment Commission (MIC)
မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင်
Agency overview
FormedApril 1994 (1994-04)
JurisdictionMyanmar (Burma)
HeadquartersNo.1, Thitsar Road, Yankin Township, Yangon
Agency executives
Parent AgencyMinistry of Investment and Foreign Economic Relations
Websitewww.dica.gov.mm

The Myanmar Investment Commission (Burmese: မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင်, abbreviated MIC) is a government-appointed body under the Ministry of Investment and Foreign Economic Relations that appraises domestic investment proposals in Myanmar (Burma). MIC was formed in April 1994, after the State Law and Order Restoration Council issued the Myanmar Citizens Investment Law. In 2000, MIC underwent organisational changes to reduce the number of committee members to four. MIC also manages the 1988 Foreign Investment Law. The body was re-established in 2016 as an 11-member committee to scrutinise economic proposals.