Myanmar Industry

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Toyota is developing an assembly plant in Myanmar, signalling strong growth prospects in the local market as the country looks to expand its manufacturing output.

How do you assess the framework in place to facilitate the continuation of the ASEAN Smart Cities Network (ASCN) during 2019?

How do you foresee foreign direct investment (FDI) being affected in FY 2018/19 due to US-China tensions and the global trading environment?

Officials in Myanmar are encouraging proposals for new mining developments following a series of new reforms aimed at incentivising investment in the segment.

The removal of US financial and trade sanctions on Myanmar could give the country’s mining industry a boost, with American buyers expected to return to the precious stones market following a period of sluggish trading.

Recent legislative amendments should help open Myanmar’s mining sector to foreign investment, with more streamlined entry procedures already in place and plans under way to bring regulations in line with international norms. Recent legislative amendments should help open Myanmar’s mining sector to foreign investment, with more streamlined entry procedures already in place and plans under way to bring regulations in line with international norms. 

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