FOREIGN DIRECT INVESTMENT CHALLENGES…

FOREIGN DIRECT INVESTMENT CHALLENGES…
…AND OPPORTUNITIES IN MYANMAR
To Get FDI Rolling…
Use the Wheel,
It’s Already Been Invented
Spencer H. Kim
Chairman and CEO, CBOL Corporation
Chairman, Celltron Inc.
USA
FOREIGN DIRECT INVESTMENT CHALLENGES…
…AND
OPPORTUNITIES IN MYANMAR
We All See The
Opportunity…
…That’s Why We’re Here
FOREIGN DIRECT INVESTMENT CHALLENGES…
…AND OPPORTUNITIES IN MYANMAR
Competition:
$8 Trillion Needed for Infrastructure
Investment In Asia Pacific by 2020*
Why Myanmar Vice Somewhere Else?
*Asian Development Bank
The Wheel has been Invented
Lots of Work Done on Impediments to FDI
and Facilitation Measures
Myanmar Needs to Implement
Recommendations
APEC Non-binding Investment Principles
APEC Investment Facilitation Action Plan
Investing for Growth:
Spurring Infrastructure
Development and Economic
Growth through Foreign
Direct Investment
Attracting and Harnessing
Infrastructure FDI to Secure
Lasting Economic Growth
Report to APEC Business Advisory Council
October 2013
“Foreign Direct Investment across APEC:
Impediments and Opportunities for Improvement”
FOR EXAMPLE
The FDI liberalization challenge is much more than removing intentional restrictions. The “at the
border”/ “behind the border” distinction proved unhelpful to business. Business examines the coherence
and conduciveness of an economy’s entire investment framework. The chain-linked nature of investment
decisions makes business sensitive to chokepoints anywhere in the investment environment.
Most problematic FDI business concerns. Across economies the most problematic impediments were
concerns about human capital, consistency across levels of government and jurisdictional overlap, judicial
independence, efficiency of government processes, dispute resolution, and community consultative
processes.
Attracting and Harnessing
Infrastructure FDI to Secure
Lasting Economic Growth
Contains Detailed 63-Item Checklist
Key factors that a government should consider
in improving its attractiveness to infrastructure
investment, with measureable indices for each
factor.
APEC Investment Facilitation Action Plan
“Simplify and streamline application and registration, licensing and taxation
procedures and establish a one-stop authority”
One-Stop Authority Could Put Myanmar
At the Front of the Line
To Get FDI Rolling…
Use the Wheel,
That’s Already Been Invented