Already expanding rapidly on the back of strong economic growth and rising disposable incomes, Myanmar’s retail industry should receive a boost as the lifting of remaining US sanctions clears the way for greater foreign direct investment.
Myanmar
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Rising demand from an increasingly affluent middle class and an expanding economy will drive sales in both the passenger and commercial segments of Myanmar’s auto trade, though challenges remain on the road to higher vehicle ownership levels.
How would you compare the appetite of foreign investors interested in Myanmar before and after the 2015 elections?
To boost infrastructure investment, Myanmar is looking to kick-start a number of projects with China, its largest investor.
Myanmar’s recently unveiled economic agenda is heavily dependent on overcoming electricity shortages in areas already on the national grid as well as achieving the country’s goal of implementing universal access to electricity by 2030.
Myanmar’s residential property sector has thwarted concerns over slowed sales and investment last year, yet recovery has taken time to gain traction.