PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600954

Primary Business Area

Finance and Markets

Disclosure Date

May 29, 2017

Country

Myanmar

Region

East Asia and the Pacific

IFC Approval Date

Jun 17, 2016

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Nov 3, 2022

Project Estimated Start Date

Jul 1, 2016

Project Estimated End Date

Jun 30, 2021

Project Description

To facilitate the development of a modern secured financing system in Myanmar, this project will focus on the following three areas: (i) Support the Myanmar Government to improve the legal and regulatory framework for secured transactions by finalizing and implementing a Secured Transactions Law. (ii) Support a relevant government agency to establish a centrolized and Web-based security interests registry. (iii) Develop the initial capacity of the credit industry on movables lending.

Development Results

E&S Risks / Impacts and Mitigation