In January 2016 the Oman Supreme Council for Planning published the sultanate’s ninth five-year plan, covering 2016 to 2020. The plan is the final component of the government’s long-term Vision 2020 development strategy, focused on reducing reliance on the energy sector’s contribution to GDP and boosting non-petroleum industrial activities...
The sultanate’s ninth five-year plan, covering 2016-20, is the final component of the government’s long-term Vision 2020 development strategy, and is focused on reducing reliance on the energy sector’s contribution to GDP, while boosting non-petroleum industrial activities such as mining and quarrying, manufacturing, and building and construction. These together accounted for OR5.33bn ($13.8bn...
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. In industry, the new administration of the National League for Democracy (NLD) has set a bold industrialisation target, with...
The new administration of the National League for Democracy (NLD) has highlighted industrial development as a top priority, evidenced by the recent release of a long-term industrial strategy expected to boost the sector’s GDP contribution to nearly 40% over the next 13 years. Under the plan, new investment in key economic corridors will be...
International retail investors have flocked to Myanmar’s food and beverage (F&B) segment in recent years, drawn by a rising middle class with disposable incomes for F&B purchases, though not yet more expensive internationally branded fashion and consumer goods. Recognising the growth potential, a host of US fast-food chains have moved...
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