Private education opens to 100% foreign investment
April 30, 2018The Myanmar Investment Commission recently issued a notification (Notification 7/2018) on investment in the education sector.
The notification defines private schools as those that are not operated by the state. Most private schools in Myanmar are presently associations (business associations that are not for profit). This notification allows foreign direct investments through subsidiaries in Myanmar who may open new private schools and provide quality international curricula.
Types of private schools include basic education, technical, vocational & training, higher education, subject-based as well as other schools designated by the ministry. Private schools must still comply with the Myanmar Investment Law and Rules, as well as the National Education Law (2014).
A new education law (2014) is currently being drafted and will include more details on school compliance and registration. Read more about this here.
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