Recording steady growth in recent years, Myanmar’s industrial and retail sectors have been buoyed by solid macroeconomic fundamentals, economic liberalisation and regulatory reforms encouraging investment and expansion. The new administration has set a bold industrialisation target, with manufacturing expected to become one of the most significant economic growth drivers in the coming years....
The immense wealth that lies beneath Myanmar’s soil continues to entice prospectors from around the globe, and recent structural reforms are expected to bolster the sector and attract much needed capital. The nation’s first democratic government has shown determination to remedy past wrongs and clean up a sector that has immense potential to fuel growth. However, the new administration has...
The agriculture sector is already gaining ground from relaxed trade policies. Future potential, however, will depend on the ease of its transition from a supply-led industry to one determined by demand. For the short term, Myanmar will rely on consumption trends in India and China. It is unclear how long it will take the country to successfully penetrate international markets outside of Asia,...
The construction industry is set to become a major growth driver of Myanmar’s economy, as investors look to capitalise on economic liberalisation and a major public infrastructure programme. Residential real estate, particularly affordable housing, will remain the chief engine of growth over the medium term, though a large infrastructure deficit and rising congestion in Yangon should see...
The expansion of Myanmar’s telecoms market continues to live up to its early promise, with the reform of the industry viewed as the biggest economic success since the military ceded power in 2011. The dramatic surge in network coverage has empowered local businesses and provided remote villages with the opportunity to connect to the outside world. The country’s IT segment continues to attract...
With massive infrastructure upgrades in the works and industrial demand rapidly expanding, the energy market in Myanmar is currently one of the more promising ones in the world. The country is in great need of electricity generation capacity and must completely overhaul its transmission and distribution systems. Investment opportunities are available throughout the energy value chain, and will...
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