Country Profile
From The Report: Myanmar 2020
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In what is considered to be the last frontier market in South-east Asia, the pace of business-friendly reforms is quickening, with a view to becoming a preferred investment destination in a region that is experiencing the effects of a global repositioning in trade and manufacturing. Following decades of military rule that maintained a socialist and centrally planned economic model that cut off access to the world’s financial markets and main trading routes, the country’s ongoing transition towards a market economy and electoral democracy has caught the attention of investors worldwide. Investors have been drawn by the size of its internal market, competitive wages, abundant natural resources, fertile land and strategic geographic location between the world’s most populous countries, China and India. This chapter contains an interview with Nick O’Donohoe, CEO, CDC Group.

Articles from this Chapter

Overview

At a crossroads: Natural advantages are leveraged to attract foreign investment
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In what is considered to be the last frontier market in South-east Asia, the pace of business-friendly reforms is quickening, with a view to becoming a preferred destination of investment in a region that is experiencing the effects of a global repositioning in trade and manufacturing. Following decades of military rule that maintained a socialist and centrally planned economic model that cut off access to the world’s financial markets and main trading routes, the country’s ongoing transition…

Viewpoint

To the next level: State Counsellor Daw Aung San Suu Kyi, on transitioning the economy in an era of automation and digitalisation
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Viewpoint:Daw Aung San Suu Kyi In emerging and frontier markets such as Myanmar, micro-, small and medium-sized enterprises (MSMEs) are estimated to provide four in five new jobs in the formal sector – some 90% of total employment when the informal sector is also included. Having travelled widely within ASEAN and further afield throughout these past several years, it has become clear to me that Myanmar must make every effort to upskill and reskill our workforce in preparation for a forward-learning,…

Interview

Ensuring success: Nick O’Donohoe, CEO, CDC Group, on deploying development finance efficiently and mitigating risks
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Interview:Nick O’Donohoe Where can development finance be most effectively deployed in emerging economies? NICK O’DONOHOE: Agriculture will always be a critically important sector for development finance institutions. In the countries that we serve, and indeed in most emerging markets, agriculture still employs a significant proportion of the population. From a development perspective, one of the great challenges is improving the living standards of people in rural areas, particularly…