The historic importance of agricultural production in Myanmar’s economy continues to hold strong in the wake of recent economic reforms and liberalisation. Indeed, the industry presents a number of industrial and productive opportunities that, if properly nurtured, could help the country regain and even surpass much of its former standing as a...
How does development of agriculture in Myanmar compare to other countries in the region?
The forestry sector has been vitally important to Myanmar. When the country was isolated by sanctions, the selling of logs and wood helped bring in desperately needed hard currency. Exports of forestry products in 2011, the year political reforms began, broke $1bn. However, since the reforms began, much has changed. Myanmar, now open, is less...
Construction activity eased in 2015, as investors awaited the outcome of November’s historic election and the passage of a new law governing the development of condominiums. The law was introduced in Parliament in 2012 and could potentially allow foreigners to buy property in the country for the first time. Despite the political risks, Myanmar...
In your opinion, how do construction timelines for projects in Myanmar compare to those of other countries in the region?
At least 330,000 people move to Yangon every year from Mayanmar’s rural heartlands or its townships in the hope of finding work. The city’s population is expected to reach nearly 10m by 2035, almost double the number registered in 2013.
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