BKL continues expansion with Yangon opening

Korean law firm Bae, Kim & Lee (BKL) has opened its seventh overseas office in Yangon, Myanmar.

Myanmar's first civilian-led government is expected to take steps to improve the environment for foreign direct investment in the near future SANCHAI LOONGROONG

The firm, Korea’s second largest, has launched the office to assist the growing number of Korean companies entering Myanmar due to the acceleration of its market opening. It will provide advisory services on various issues including foreign investments, SOC projects, real estate development projects, M&A negotiations and licensing.

Leadership

The Yangon office will be led by partner Eric Eunyong Yang, who along with fellow partner Yong Geun Bae joined the firm last year from Korean law firm Yulchon with the aim of launching an Indochina practice. They are joined by fellow Koreans Byoung Pil Kim and Cheol Hyo Ahn and Myanmarese lawyer Kaung Htet Zaw, who handles a variety of construction and investment matters related to Myanmar.

International growth

The new office forms part of BKL’s strategy to reinforce its ‘customer-oriented’ services and establish a service network that connects China, Southeast Asia, India, the Middle East and Africa. In the past year, the firm has opened offices in Dubai, Hong Kong, Hanoi, Ho Chi Minh City and now Yangon, having in Beijing in 2002 and Shanghai in 2008.

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