Two things are clear about Myanmar’s international trade: it is growing, and fast. By just how much is less certain – sources vary widely in their estimates, and even the best data available have obvious holes.
Two things are clear about Myanmar’s international trade: it is growing, and fast. By just how much is less certain – sources vary widely in their estimates, and even the best data available have obvious holes.
As it emerges from a half-century of economic isolation, Myanmar is undergoing an extraordinary surge of foreign investment and international trade. Of all foreign direct investment (FDI) accumulated in the country as of the end of 2013, half had entered in the previous three years, while recorded trade volumes more than doubled from 2009 to 2013.
Foreign investment in manufacturing, already strong, is set to accelerate further with the long-awaited launch of Myanmar’s first special economic zone (SEZ), located near the port of Thilawa about 25 km south-east of Yangon. A greenfield project comprising 2342 ha of former farmland, the Thilawa SEZ aims to simplify the process of foreign investment by providing a ready...
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The only country in the GCC with a ministry dedicated to climate affairs and renewable energy development, Oman has long looked to solar power to achieve energy independence while maintaining steady hydrocarbon exports. With the 2013 announcement of a pilot solar project in the Dhofar governorate, the renewables sector could soon enjoy a period of strong private...
In the wake of growing water consumption driven by rapid population growth, the sultanate of Oman is working to substantially increase its seawater desalination capacity. The government’s successful record of working in collaboration with the private sector to deliver new utilities projects has painted a bright forecast for future partnerships, while amendments to the...
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