Myanmar Industry

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What should be the top priorities for companies engaged in responsible investment in Myanmar?

Myanmar’s automotive sector is widely tipped for takeoff in the year ahead, with strong growth expected and a range of international giants recently making some of their first, concrete moves into the country.

Chapter | Industry & Retail from The Report: Myanmar 2015

While much ground remains to be covered in Myanmar’s industry and retail sectors, its progress to date is remarkable, given the country’s history and the challenges it faces in a highly competitive neighbourhood. Figures from the end of November 2014 show manufacturing coming in third, behind the oil and gas and power sectors, in terms of total investments received. Strong international...

Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.

Wide-ranging reforms, backed up by planned legislative changes and a drive to improve practices, look set to steer Myanmar’s mining sector into the 21st century.

The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014. 

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