There is a broad consensus in Myanmar that the accelerated development of industries is crucial to becoming an industrialized modern nation. With a view to endeavoring for the development of processing and manufacturing sector, Government of the Republic of the Union of Myanmar enacted the Private Industrial Law in 1990 and Promotion of Cottage Industries Law in 1991. Myanmar Industries Association (MIA) was formed under the Myanmar Company Act on 27th April 1993 to promote activities efficiently and effectively with the support of the Government and private agencies. It is self-funded, non-profit making organization and as such, it is truly private independent body representing the entire scope of trade, services and industries in the Republic of the Union of Myanmar.
To promote, represent and safeguard the interests of the Myanmar Industries and Business Community.
The main objectives of Myanmar Industries Association are;
- Creating more employment opportunities by promoting new industries.
- Improvement of productivity of private industries, simultaneously enhancing industrial standards and quality of products.
- Acceleration of the development of manufacturing and service industries in correspondence with market-oriented economic system.
- Effective exploitation of natural resources by acquiring appropriate modern technology through research, innovation and transfer of technology.
- Promotion and expansion of industrial exports.
- Encourage energy conservation and utilization of new energy resources.
- Assist the private industrial enterprises in solving their problems on a self-help basis.
- Assist in establishing industrial zone with a view to provide necessary infrastructures and facilities for private sector investment.
- Promote and nurture SMIs to become suppliers of MNC and Large companies.
How MIA can help:
MIA provides the following services and information:
- Government trade policies, directives, import-export procedures, tax structure, tariff rates, procedures and incentives for investment in the manufacturing sector.
- Infrastructure and other facilities such as availability of industrial land, electricity and utilities.
- Current status of industries and opportunities in different sectors.
- Marketing aspects and facilitation of projects.
- Disseminate foreign trade information through MIA Newsletters and Trade Enquiry Bulletins.
- Gaining access to sources of business related information.