Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Myanmar Construction
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Chapter | Construction & Real Estate from The Report: Myanmar 2016
Myanmar’s construction industry has expanded rapidly in recent years. The sector’s GDP growth amounted to 7.7% in fiscal year 2014/15 and is expected to grow to 8.3% in 2015/16. Despite political risks, Myanmar’s development needs remain significant, particularly in infrastructure. With the victory of the National League for Democracy in November 2015, it is expected that 2016 will see an...
Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.
Chapter | Construction & Real Estate from The Report: Myanmar 2015
The opening of Myanmar’s economy has led to a proliferation of mega-projects in the past four years, including the upgrade of infrastructure and the expansion of utilities. The government has embarked on projects to upgrade, broaden and build a long list of facilities, ranging from roads to bridges, seaports to airports, hotels to malls, high rises to apartments and hydroelectric dams to...
Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.
The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
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