Myanmar Industry

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Myanmar is one of the more promising nations for investment into manufacturing. Wages are some of the lowest in the world, workers are productive and the literacy rate is in the high ninety percentile. In addition, the country is actively targeting manufactured goods after years of isolation, with legal reform and better regulation gathering...

How can the Small and Medium Industry Development Policy (SMIDP) ensure the development of local small and medium-sized enterprises (SMEs)?

How do you see the newly drafted Foreign Investment Law impacting the industry and retail sector?

Myanmar may find that the first steps toward general nationwide economic reform will begin within industrial estates. These zones can create forms of ownership not possible under the law of the land, and can be paired with special incentives and offer better infrastructure than is available elsewhere. The strategy has worked well in Thailand,...

Garment manufacturing is likely to be a key driver of Myanmar’s economic growth going forward. Not only was it a major part of the economy before sanctions were enacted, but it has also been one of the fastest to recover. The garment business is set to expand considerably in the near to mid term as foreign investment pours in and pre-sanction...

How much potential for growth do you foresee for fast-moving consumer goods (FMCG)?

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