Industry & Retail

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. Job creation and infrastructure investment are priorities, with ongoing development at three special economic zones also expected to attract new industrial and manufacturing investment. Low labour costs provide an additional incentive, despite a shortage of skilled labour, which has driven the government to target significant new investment in vocational training.

This chapter contains an interview with U Ko Ko Gyi, Group Managing Director, Capital Diamond Star Group.