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Overview

Smart investments in Myanmar boost network capabilities
OBG
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The liberalisation of the telecoms sector has seen the IT industry expand at a considerable pace. While it still has a lot of catching up to do with regional peers, local businesses and communities are rapidly adopting new technologies, and the potential for expansion into to new economic segments is clear. A lack of initiative was a major impediment to the development of the domestic IT ecosystem,…

Overview

Long-term policy focused on electrification and grid improvements in Myanmar
OBG
plus

Myanmar has one of the most diverse, high-potential energy sectors in the ASEAN region. Home to vast natural gas and hydropower reserves, and with hydrocarbons production dating as far back as the 10th century, the country is well positioned to remain a significant regional energy supplier, even as stakeholders continue to grapple with infrastructure gaps and a refined fuel shortfall necessitating…

Overview

Legislative changes and major infrastructure projects fuel construction sector growth in Myanmar
OBG
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The construction sector in Myanmar has experienced some turbulence in recent years. Changes to the regulatory framework and budget deficits have had an impact on the construction of houses, while plans to upgrade the country’s infrastructure have faced economic and political constraints. Nonetheless, the government is determined to move forward with new regulations and secure funding for a series…

Overview

Growth prospects in Myanmar's construction and real estate sectors remain robust
OBG
plus

Emerging only recently as a real estate investment destination, the Myanmar property market has gone through a period of adjustment since 2013. After a lengthy course of isolation, an initial burst of interest in the country from many global companies, governments and non-governmental organisations led to a surge in demand for residential and office accommodation, with supply low and prices consequently…

Overview

Major investment in Myanmar roads, rail and ports
OBG
plus

As the largest country in mainland South-east Asia, and sharing borders with around 40% of the world’s population, Myanmar holds enormous potential to become a regional transport and logistics hub. However, the country suffers from a notable infrastructure deficit. Myanmar lacks a deepsea port and a modernised railway network, as well as a mass transit system in its largest city Yangon. Although…

Overview

Myanmar develops modern manufacturing, enhances competitiveness
OBG
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Myanmar’s recent economic growth, low wages and favourable tax exemptions have enticed the arrival of international manufacturers. To support this trend, the government has enacted a range of policies to promote the development of special economic zones (SEZs) and industrial clusters. As a result, manufacturing capacity is on the rise, helping to diversify the agricultural economy. Likewise, maturing…

Overview

Myanmar addresses challenges to transform agriculture sector into engine of growth
OBG
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While it has gradually reaped the rewards of diversification efforts to end over-reliance on rice, Myanmar’s agriculture sector is now at a crucial juncture. Although progress has been made, structural impediments continue to weigh on farming output. However, a new development strategy is expected to enhance sector monitoring, boost production, and improve the industry’s regional and global competitiveness.…

Overview

Smart and ecological cities growing throughout the world
OBG
plus

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural dwellers. The UN estimates that by 2030 urban areas will host…

Overview

Myanmar enhances resource sharing and reconciliation to attract further investment in mining
OBG
plus

Stretching from the Himalayas in the north to the Andaman Sea in the south, Myanmar’s diverse terrain offers a wealth of untapped mineral resources. Following the easing of international sanctions and major legal reforms, the authorities now have the opportunity to rehabilitate some of the mines that were neglected during the socialist period. Rocky Terrain Given the diverse range of mineral assets…

Overview

Myanmar recognises importance of careful tourism management
OBG
plus

Myanmar is slowly emerging as a tourism destination in a region that is a favourite among travellers worldwide. It has a wealth of attractions to draw visitors from abroad, including Yangon’s Shwedagon Pagoda and its many other diverse cultural and historical sites, Inle Lake’s floating villages and gardens, the Bagan Archaeological Zone and its 2229 Buddhist temples, the Mandalay Palace…