Reserve Your Land Area At KMIC

(Online KMIC Website)

1. Submit KMIC Online Application

1. Click on ‘Land Reservation (Online Application)’.
2. Choose the Land Plot your company would like to apply.
3. Complete the application with all necessary information.
4. Click on the tab ‘Submit Application’.

2.Payment of the Reservation Fee (USD 5,000) and Stamp Duty (USD 100) to a Designated Bank Account

The Reservation Fee is USD 5,000 for each land plot. Applicant must pay USD 100 of Stamp Duty for each land plot together with the Reservation Fee. If you want to apply for multiple land plots, you need to fill out one application for each land plot.
  • In case that there is more than one applicant for the same land plot, the applicant who remits the full payment of the Reservation Fee and Stamp Duty earlier than the others will be determined as the applicant who reserved the said land plot; provided, the applicants who remit the payments on the same day will be deemed to have re-mitted the payments at the same time.
  • In case that there is more than one applicant for the same land plot, who have remitted the full payment of the Reservation Fee and Stamp Duty to KMIC on the same day, the applicant, whose contemplated business to be carried out in the land plot, as set out in the application, matches or complies with the KMIC’s zoning plan of the said land plot, will be determined as the applicant who reserved the said land plot.
  • In case that there is more than one applicant for the same land plot, who satisfied all the conditions set forth in 1 and 2 above, the applicant who have applied more land plots than other applicants will be determined as the applicant who reserved the said land plot.
  • In case that there is more than one applicant for the same land plot, who satisfied all the conditions set forth in 1, 2, and 3 above, KMIC will determine the applicant who reserved the said land plot by lottery.
* In the event that the applicant for the reservation of the land plot is a consortium formed among multiple parties/companies, then the party/company who owns the largest interest in the consortium should submit the application on behalf of the consortium.

* The Reservation Fee and Stamp Duty

– Applicants shall be solely responsible for payment of stamp duty charged on the execution of the Land Reservation Agreement and the Land Sublease Agreement according to the prevailing laws of Myanmar.

3. Screen if it is Possible to Invest in the Business Type

  • If KMIC determines, at its sole discretion, that the applicant is not eligible for the sublease of the land plot, KMIC may reject the application and issue a written notice to such applicant to that effect. In case of the foregoing, the Reservation Fee and Stamp Duty, without any interest accrued there on, will be returned to the applicant.
  • If KMIC determines, at its sole discretion, that the applicant’s contemplated business to be carried out in the land plot, as set out in the application, has potential adverse effect on the environment of the project site (including the land plot) or adjacent land, KMIC may either (i) reject the application or (ii) designate a different land plot in the project site (other than the land plot as set out in the applicant’s application) and issue a written notice to the applicant to that effect (“Designation Notice”). If the applicant fails to respond its intention to sublease the land plot designated by KMIC in the Designation Notice, within ten (10) days from the date of the Designation Notice, the applicant shall be deemed to withdraw the application. In case of the foregoing, the Reservation Fee and Stamp Duty, without any interest accrued there on, will be returned to the applicant.
  • If KMIC determines that the applicant is eligible for the sublease of the land plot or if the applicant accepts the land plot designated in the Designation Notice, KMIC will send a confirmation notice (the “Confirmation Notice”) to the applicant.

4. Sign a Land Reservation Agreement
    (Within 30 days from the Date of KMIC Notice)

  • If the applicant does not sign the Land Reservation Agreement with KMIC within thirty (30) days from the date of the Confirmation Notice, the Reservation Fee will be forfeited to KMIC but Stamp Duty, without any interest accrued there on (USD 100), will be returned to the applicant.
  • After signing the Land Reservation Agreement by the applicant, in no circumstances will the Stamp Duty (USD 100) be returned to the applicant.