TAG: Construction
Reforms implemented since 2011 have ushered in a period of strong economic growth for Myanmar, with several sectors seeing expansion.
In recent years trade and investment in Myanmar have soared, buoyed by ongoing efforts to liberalise the economy and a successful political transition in November 2015 that saw the country’s first civilian-led government elected to power in modern history. Political reforms have brought significant economic benefits and with a host of domestic reforms, sustained growth is expected. While the country still faces challenges, including a transport infrastructure deficit and a lack of reliable electricity supply, it is seen as a destination of opportunity, and international investment is expected to remain strong in the coming years.
Over the past five years, Côte d’Ivoire has enjoyed one of the highest economic growth rates in the region. This is down to a combination of factors, including monetary policy stability, significant public investment in infrastructure and, more recently, a recovery in both the agriculture and mining sectors. While there are some headwinds that risk slowing this growth – including low financial intermediation rates, income inequality and a continued dependence on raw commodity exports – Côte d’Ivoire appears to have so far avoided the slowdown that has affected many other economies in the region.