The businesses allowed by the Myanmar Investment Commission (MIC) will be reviewed as well as the businesses that not started yet although having licenses, U Aung Kyaw Thu said.  

The inspection procedure has been prepared together with the United Nations Development Programs (UNDP) since last October and the inspection would be carried out under the relevant legal procedures whether the investment businesses have been doing with authorization on ground, he said.

“We will write a report based on our findings that were different on ground,” U Aung Kyaw Thu explained.

After inspection, the findings on ground would be discussed together with the respective ministries, parliaments, departmental offices, the local people and the civil society organizations. Subsequently, the different facts would be taken out and put into the inspection report which will be submitted to the Parliament, he said.

When improvement was made by the respective parliament, the report will be submitted to the Union Parliament with suggestions to take action effectively on unethical businesses, U Aung Kyaw Thu continued.

The investment businesses that permitted by the Union Parliament should be reviewed in the Mon State Parliament in order to check whether they were beneficial or not, Dr. Aung Naing Oo, the Vice-Chair of the Mon State Parliament said.

“Mon State Parliament’s Economic Affairs Reviewing Committee needs studying about the investment businesses. Although the Union Parliament allowed permissions, those businesses should be reviewed whether they were beneficial for the Mon State,” Dr. Aung Naing Oo said.

The report will be made by the help of the UNDP and then it will deliver publicly after final discussion, he said.