Foreign investment in manufacturing, already strong, is set to accelerate further with the long-awaited launch of Myanmar’s first special economic zone (SEZ), located near the port of Thilawa about 25 km south-east of Yangon. A greenfield project comprising 2342 ha of former farmland, the Thilawa SEZ aims to simplify the process of foreign investment by providing a ready...
Myanmar
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Articles & Analysis | The country’s first special economic zone gears up for production from The Report: Myanmar 2015
Interviews & Viewpoints | U Win Myint, Minister of Commerce: Interview from The Report: Myanmar 2015
Interviews & Viewpoints | Serge Pun, Chairman, Serge Pun & Associates Myanmar: Interview from The Report: Myanmar 2015
What barriers do new entrants in the financial services sector face in Myanmar? How important is the development of the sector in drawing in foreign direct investment?
Chapter | Telecoms & IT from The Report: Myanmar 2015
Myanmar is at the beginning of a telecoms boom, and consumers will soon have access to a plethora of new services that can fully alter the way business, social activities, education, and every aspect of society is run. Myanma SIM cards at one time retailed for $3000 each, severely limiting access, but as of 2014 citizens can connect their phones for just $1.50. The entrance of new players to...
Myanmar has already hit its investment target of $4bn-5bn for the 2014/15 fiscal year six months ahead of schedule, thanks in part to the energy sector, which attracted $800m of investment in the first half of the fiscal year. As of December 2014 revenue from foreign investments in the oil and gas sector came to more than $15.1bn, second only to the power sector, which stood at $19.3bn. This...
Articles & Analysis | Election year 2015 will set the pace for further reform measures from The Report: Myanmar 2015
With late 2015 seeing direct elections scheduled for parliament and indirect balloting for president, Myanmar is currently passing through a crucial period of political debate, against the background of an era that was marked by rapid economic growth and international openness.