Myanmar

With a long-term goal of developing advanced industries, local authorities have been working alongside international agencies and foreign governments in an effort to expand the country’s manufacturing capacity through investments in infrastructure and much-needed power stations.

In a bid to consolidate various development plans under one common strategy, the government is working with several development partners to create an agriculture master plan for sustainable growth.

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...

Myanmar’s recent economic growth, low wages and favourable tax exemptions have enticed the arrival of international manufacturers. To support this trend, the government has enacted a range of policies to promote the development of special economic zones (SEZs) and industrial clusters. As a result, manufacturing capacity is on the rise, helping...

Hopes are high that a recent move to clarify regulations governing the sale and development of condominiums in Myanmar will boost their demand. The Condominium Rules, published by the Ministry of Construction (MoC) on December 15, 2017 ease restrictions on foreign ownership, clarify aspects of the law and provide greater safeguards for buyers...

While it has gradually reaped the rewards of diversification efforts to end over-reliance on rice, Myanmar’s agriculture sector is now at a crucial juncture. Although progress has been made, structural impediments continue to weigh on farming output. However, a new development strategy is expected to enhance sector monitoring, boost production...