: :inin Kyiv (EET)

With Mining Law Changes, Are Foreign Firms Set to Dig In?


Aung San Suu Kyi watches a test explosion during a visit to the Letpadaung copper mine project in Sarlingyi Township on March 14, 2013. (Photo: Soe Zeya Tun / Reuters)
Long-anticipated revisions to Burma’s Mining Law, which were passed by the outgoing Parliament at the end of last year, could spur foreign investment in a sector that is still vulnerable to frontier market perils.
The new law, which was finalized after being stalled in Parliament for more than two years, is significantly more favorable to foreign firms than the legislation previously in effect, which dated back to the days of the former …read more

Source: The Irrawaddy

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