Cover of The Report: Myanmar 2019

The Report: Myanmar 2019

Although Myanmar has been faced with internal conflict, a new long-term economic agenda, alongside rising oil and gas prices and considerable growth in some manufacturing segments, are set to encourage increased foreign direct investment inflows into the country.

Myanmar has been one of the fastest-growing South-east Asian economies for over 25 years, and the country’s macroeconomic performance has continued to experience gains in 2018. Efforts to encourage private sector activity have been detailed in a new long-term development agenda, and recent legislative reforms should further bolster business activities. While external economic headwinds and internal conflict pose challenges, the government is making significant strides in its effort to continue reforms, foster reconciliation and sustain overall growth. With great potential to be found in key sectors, such as energy, manufacturing, mining and tourism, Myanmar is poised to remain one of Asia’s top destinations for investment in the years to come.

OBG & Myanmar