Foreign investment in the manufacturing of leather products, except footwear, is subject to joint-venture with Myanmar citizen/enterprises.
"List of Restricted Investment Activities
1. In exercise of the powers conferred under section 42 and section 100(b) of Myanmar Investment Law, with the approval of the Union Government, Myanmar Investment Commission issued the list of  restricted investment activities  as follows: [...]
(C) Investment activities allowed only in the form of a joint venture with any citizen owned entity or any Myanmar citizen :
Manufacture of leather and related products (excluding footwear) (Manufacturing and domestic distribution of leather products);[...]" (Myanmar Investment Commission, Notification No. 15/2017, 'List of Restricted Investment Activities')
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"42. The following types of investment businesses shall be stipulated as restricted investment: [...]
(c) investment businesses allowed only in the form of joint venture with any citizen owned entity or any Myanmar citizen [...]"(Myanmar Investment Law, The Pyidaungsu Hluttaw Law No. 40/2016 of 18 October 2016, Art. 42)
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"Chapter II Types of Investment: Restricted Investment Activities […] 
22. For the purpose of section 42(c) of the Law, subject to any express exception in the relevant notification, the minimum direct shareholding or interest of a Myanmar Citizen Investor in the joint venture is 20%. [...]" (Myanmar Investment Rules, Notification No. 35/2017 of 30 March 2017, Art. 22)
Myanmar Investment Commission, Notification No. 15/2017, 'List of Restricted Investment Activities'
Myanmar Investment Law, The Pyidaungsu Hluttaw Law No. 40/2016 of 18 October 2016, Art. 42.
Myanmar Investment Rules, Notification No. 35/2017 of 30 March 2017, Art. 22.
[<a href="http://www.dica.gov.mm/sites/dica.gov.mm/files/document-files/20170419_eng_42_update.pdf">Notification</a>],[<a href="http://www.dica.gov.mm/sites/dica.gov.mm/files/document-files/myanmar_investment_law_official_translation_3-1-2017.pdf">Law</a>],[<a href="http://www.dica.gov.mm/sites/dica.gov.mm/files/document-files/mir_english_0.pdf">Rules</a>]