Legal and tax services firm VDB Loi, which has been present in Yangon since 2012, has opened its second office in Myanmar, in the capital Naypyidaw.
The firm plans to expand its Naypyidaw office, presently a small support hub, to a fully operational office and move it to a new facility.
“We have two dozen ministries to follow, some of which we need to talk to on a daily basis,” said Jean Loi, VDB Loi’s managing partner, in a statement. “There is just nothing like actual face-to-face, personal contact. You need to be in Yangon for your clients, but you need to be in Nay Pyi Taw to get the client’s project done. Time is essential on any deal, and we believe that we can speed up the process considerably by having a fully operating office here in the capital, where so many decisions are made.”
VDB Loi last year assisted five out of 12 prequalified telecommunications bidders in the recent license tender, as well as tower companies and network providers. It also focuses on resources, last year assisting three of the “supermajors” with deepwater plays.