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.