One of the conferences recently attended by International business delegates in Yangon, Myanmar (Burma)

 

PROSPECTS & OPPORTUNITIES - The vastness of the land enriched with natural recources presents a hugh potential for economic growth. Myanmar (Burma) was once the powerhouse of southeast asian economy, its growth was however hindered by the so-called import substitution or self sufficient policy which led to stagnation in economic development. With the transformation to a market oriented economy, Myanmar is now geared on a expansionary trail. Its cheap but educated English speaking workforce, a young population with an eagerness to learn and accept market economy and its sound legal and accounting framework (The British System) are conductive factors for foreign investors.  

Its Rail and Road systems are better than average for an LDC country, its extensive inland waterways provide efficient modes of transport within the country. There is one International Port in Yangon (Rangoon) but plans are underway to build more Ports to better serve International Trade. Its International Airport has been upgraded to serve the influx of incoming passengers and upgrades are planned for the new city of Nay Pyi Taw, Mandalay and places like Bagan and Heho, they are several International Airlines servicing the country from Singapore and Thailand, Flights from Australia via Singapore and Thailand are frequent. There are internal flights to various parts of the country. 

Talk to us for any business interest in Myanmar, we can arrange joint ventures with the right sources in the country or send us an Executive Summary of your proposed venture. Get Connected and get it right.



 

  Foreign Investment                                                                                                                                                    kpcg_int@fastmail.net