With a wealth of untapped geological resources, including the world’s richest jade and ruby mines, Myanmar is set to attract a flood of foreign investment into its high-potential mining sector. In the decades to come, mining is expected to be one of the top drivers of Myanmar’s economic development. Current growth is being driven by a number of smaller projects in metals and by a boom in tin...
Myanmar
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Chapter | Agriculture & Forestry from The Report: Myanmar 2015
An estimated 45% of Myanmar’s GDP is provided by the agricultural sector, which also employs 70% of the domestic labour force. Myanmar is well known for its rice and teak production, and is also a leading provider of rubber, oil seed, cotton, corn, chillies and pulses. A number of structural obstacles, including land rights, outdated techniques, inadequate infrastructure and low financing,...
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...
Articles & Analysis | Discrepancies in data on trade volumes have many causes from The Report: Myanmar 2015
Two things are clear about Myanmar’s international trade: it is growing, and fast. By just how much is less certain – sources vary widely in their estimates, and even the best data available have obvious holes.
Articles & Analysis | Though many restrictions remain, gradual liberalisation continues apace from The Report: Myanmar 2015
As it emerges from a half-century of economic isolation, Myanmar is undergoing an extraordinary surge of foreign investment and international trade. Of all foreign direct investment (FDI) accumulated in the country as of the end of 2013, half had entered in the previous three years, while recorded trade volumes more than doubled from 2009 to 2013.
Interviews & Viewpoints | Gregory So, Secretary for Commerce and Economic Development, Hong Kong: Interview from The Report: Myanmar 2015
As the ASEAN Economic Community (AEC) nears its formation, how would you assess Hong Kong’s economic cooperation with ASEAN members?