For the purpose of investment development, investment facilitation and services related to investment in Magway Region, the Magway Region Investment Committee was established with seven members on 7th July, 2017 in accordance with notification no. 57/2017 by Myanmar Investment Commission. The current seven members of the committee are as follow:
| Sr. | Position | Responsibility |
| 1 | Chief Minister Magway Region Government | Chairman |
| 2 | Minister for Economic Affairs Magway Region Government | Member |
| 3 | Regional Attorney General Magway Region Attorney General Office | Member |
| 4 | Regional Governor Magway Region General Administration Department | Member |
| 5 | Regional Chief (Director) Magway Region Department of Agriculture Land Management and Statistics | Member |
| 6 | Regional Chief (Director) Magway Region Environmental Conservation Department | Member |
| 7 | Regional Chief (Director) Magway Region Directorate of Investment and Company Administration | Secretary |
Investors who desire to do investment in Magway Region in accordance with Myanmar investment law, can apply for investment endorsement valued up to 5 million US dollars for foreign direct investment and joint venture or 6,000 million Kyats for Myanmar citizen Investments to Magway Region Investment Committee and obtain endorsement, except for the businesses listed in Article 36 of the Myanmar Investment Law. Investors can benefit Land Use Rights enacted in Chapter 12 of Myanmar Investment Law and Tax exemptions or Reliefs either a concession or more than one or all in Section 75, 77 and 78 by applying tax incentives after obtaining endorsement.
When investors apply for Endorsement Application Form 4(B), the approval letter or permit or similar documents of the relevant governmental departments according to the type of investment must be submitted. According to section 37 of Myanmar Investment Law, the committee’s office conducts necessary verifications and accepts the approval form. If the form is not complete, it can be prepared and resubmitted again. Magway Region Investment Committee meetings are regularly held at least once a month in order to discuss and decide on matters related to investments operating in Magway Region and new investments submitted to the Committee.
Investors can apply Endorsement Application Form 4(B) along with related documents to Magway Region Investment Committee Office located at 2nd Floor, Township Combined Office, Pyi Taw Thar 1st Street, Pyi Taw Thar Quarter, Magway, Magway Region and can contact to Telephone No. 063 2028748, Fax No. 063 2028747 and Email address dica.magway@gmail.com as well.