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INSIGHTS THIS MONTH

May 2020

HIGHLIGHT OF THIS MONTH

How To Win at Myanmar’s Solar Tender, Part of COVID-19 Stimulus Package?

Myanmar is undertaking a first-ever massive tender for 30 ground-mounted solar projects totalling 1,060 MW capacity spread out over nearly half of the country’s states and regions. The effort...

VDB Loi Connects Bidders with Available Land for Solar Tender in Myanmar

[From our Energy and Infrastructure Team]

VDB Loi is trying to do its part in Myanmar’s efforts to stimulate the economy after the COVID-19 pandemic. As the Ministry of Electricity...

Government of Laos Tax Relief for Impact of COVID-19 Pandemic

[From our Laos Office]

Although the Lao PDR has not experienced a severe impact from the COVID-19 pandemic, the Government of the Lao PDR (“GOL”) is taking it...

Cambodia Tightens Conditions for International Arrivals

[From our Cambodia Office]

On 20 May 2020, Cambodia’s State Secretariat of Civil Aviation issued new rules for international travelers arriving in Cambodia. The new regulation addresses the...

Myanmar Companies Are Now Allowed to Import Foreign Alcohol Legally Into Myanmar

[From our Regulatory Team]

The Ministry of Commerce (“MOC”) issued its new Notification 38/2020 on 25 May 2020 (“Notification 38”), allowing the importation of foreign alcohol and ending...

Additional Tax Relief in the Fourth Round of Stimulus Measures to Respond to the Ongoing COVID-19 Pandemic

[From our Cambodia Office]

Due to the ongoing COVID-19 situation, on 26 May 2020, the Royal Government of Cambodia (“RGC”) issued a press release on the fourth round...

RECENT VDB LOI WORK

Tax ruling: The Tax team is working to obtain a favorable tax ruling for a major regional power company on the applicability of Specific Goods Tax on the liquefied natural gas that will be used to produce power.

Wind power project: The Energy team is assisting a sponsor with the acquisition of land for a wind power project in northern Myanmar.

Companies rely on VDB Loi for regulatory services: A foreign-owned power infrastructure provider has turned to VDB Loi’s Regulatory team for assistance with processing its corporate changes with the Myanmar authorities.

Structuring of a real estate transaction: VDB Loi is assisting a major Korean real estate developer with structuring a loan and leasing transaction with lessees in Myanmar.

Expertise with power project bids: A sponsor has engaged VDB Loi to assist with the preparation of their bid for a solar power project.