He said this during a meeting with the Union of Myanmar Federation of Chambers of Commerce and Industry.
The investment policy reportedly contains seven factors relating to accountability and checks and balances.
It seeks to promote macroeconomic stability, rule of law, reliable arbitration procedures for disputes, good infrastructure mechanisms and a reliable financing system.
The Myanmar Investment Commission and other related organisations will ensure transparent and clear rules, plus procedures related to the investment policy.

‘No discrimination’
The policy says that since investment is important for the country, the government will not discriminate between local and foreign investors. Instead the government will seek to create an economic |environment in which it can forecast and control matters.
Firms will be protected from confiscation. After paying tax, firms have to achieve benefits in line with the law and the government will try to permit that investment can be undertaken and land leased.
The policy says both local and foreign investors have to obey rules and regulations and have to be accountable for the environment and natural resources.
Foreign investors will not be permitted to have businesses related to national security, cultural or social issues and any such firms must announced their dealings transparently.
The new Investment Law was enacted on October 18 by the Union Assembly.