Myanmar Economy Infographic 2016: Transformation in Progress

18 Feb 2016

Patrick Cooke, Asia Regional Editor

Patrick Cooke
Asia Regional Editor
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Reforms implemented since 2011 have ushered in a period of strong economic growth for Myanmar, with several sectors seeing expansion.

  • Financial Services: Lending On The Rise - Lending to the private sector has accelerated rapidly since 2011/12, with this trend expected to continue.
  • Energy: Coming On-line - New projects are set to substantially increase Myanmar’s hydrocarbons output, with international oil companies showing growing interest in the country.
  • Mining: Rich Potential - A new mining law is set to clarify and update the rules for the sector, as well as boost investor interest.
  • Trade & Investment: Better Connected - Myanmar has seen a strong rise in total trade in recent years, with imports in particular seeing the strongest growth.
  • Construction: Building Up - The recent economic and political reforms have seen a construction boom take place in Myanmar’s main economic centre, Yangon.

Tags:

Asia Myanmar Construction Energy Financial Services

Patrick Cooke, Asia Regional Editor

Patrick Cooke
Asia Regional Editor
Follow Patrick on Twitter LinkedIn