Myanmar has a total of nine coastal ports and more than 400 inland river ports. Its location close to major shipping routes and some of the world’s emerging economic powers, combined with a growing openness to international trade, could see the country unlock much-needed investment in maritime infrastructure in the decade leading to 2030.
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
In a bid to address an existing infrastructure deficit, Myanmar is ramping up activity in the transport sector, which is expected to encourage further economic development. In March 2019 State Counsellor Daw Aung San Suu Kyi and Thailand’s Prime Minister PrayutChan-o-cha officially opened the second Thai-Myanmar Friendship Bridge, two decades...
The year 2019 marked the second anniversary of ASEAN’s inaugural bond issue under the organisation’s common Green Bond Standards (GBS) – a RM2bn ($480m) issue by the Malaysian government-controlled asset manager, Permodalan Nasional. Since then, the green bond market in Asia Pacific has won many accolades, with 2018 seeing the region record...
The slow and steady improvement of transport infrastructure has been one of Myanmar’s less celebrated successes. Nothing illustrates this achievement better than Yangon, the country’s commercial capital. Yangon International Airport, for instance, has undergone significant upgrades and now has an annual capacity of 20m passengers. Upgrades are...
How can Japanese official development assistance for infrastructure development contribute to productivity and efficiency gains for the economy?
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