Foreign Direct Investment Procedures are follow;

(a)  Foreign companies have to send letter of courtesy call to the Union Minister through the respective Embassy in Myanmar to Ministry of Foreign Affairs to the Ministry of Mines officially.

(b)  The Union Minister or responsible officials will discuss the investment opportunities in mining sector mainly focus on mineral commodity and targeted area.

(c)   Site visit will be arranged if requested by the investors or company after technical discussion with responsible departments. Recommendation  letter from the respective  Embassy, letter of undertaking, tentative site visit schedule and passport copy are required to submit to the Ministry of Mines two week ahead.

(d)  After the site visit, if the investor decided to invest in Myanmar, a proposal should submit to the Ministry of Mines and copy to relevant departments.

(e)   Minerals prospecting, exploration and feasibility study are concerned to DGSE and other Mining Enterprises are responsible for mining operation and production stages.

(f)     The  following  documents   should   be   included   with   the  proposal:

        1.                  Company Registration

        2.                  Company  Profile  and  other  relevant  facts  about   the   company

        3.                  Recommendation  and  endorsement  of  the   respective   Embassy in  Myanmar

        4.                  Financial Bank Statement

        5.                  List of the Board of Directors

        6.                  Initial work program

        7.                  Map of the proposed area with coordinates.

(g)  After getting  the approval   of   the   Ministry   of   Mines  and the completion of all the  require  recommendation  documents, the  proposal  and  the  Agreement  Draft   will   send   to   the Myanmar  Investment  Commission    ( MIC )  for   Investment permit.