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The construction industry is set to become a major growth driver of Myanmar’s economy, as investors flock to capitalise on economic liberalisation and a major public infrastructure programme. The sector has expanded rapidly since 2012, although growth moderated in 2016 as a result of election uncertainty and regulatory reforms. Residential...

The construction sector is going through a reform process under the new government, with particular emphasis on quality control and the rules, regulations, codes and standards that govern the sector. The institutional framework required to drive this new approach puts the Ministry of Construction in the driver’s seat, and there are a number of...

The country’s IT segment continues to attract investors from around the globe. Driven by the rapid success achieved by international operators in the telecoms sector, foreign sponsors are eager to take part in the country’s evolving tech industry. In a matter of only a few years, the majority of Myanmar’s young population has gone from little...

Since Parliament approved a long-awaited Condominium Law in January 2016, real estate stakeholders have been hoping to see sales surge, with foreigners now permitted to own property for the first time. Implementing the law is proving problematic, however: unclear regulations regarding criteria for condominiums have left investors uncertain,...