Myanmar in Highlight

Better Ayeyarwaddy, Greater Myanmar

Myanmar In Highlight

“Myanmar is regarded as one of the most interested countries by investors these days and also regarded as the fastest growing economy in Asia (2016) by International Monetary Fund (IMF)”

Myanmar has been one of the most exciting and emerging economies given its abundant natural resources and strategic geographical locations connecting ONE THIRD of the World’s Population by bordering Asia’s Dragon (China), Asia’s Elephant (India) and three other SEA countries.

Official Name                       :  The Republic of the Union of Myanmar
Capital                                  :  Nay Pyi Taw
Area                                      :  676,577 sq km
Coastline                              :  2,832 km
Neighbors                            :  Bangladesh, China, India, Laos, Thailand
Population                           :  54 Million in 2020
Currency                              :  Myanmar Kyat (MMK)
Major Export Items             : Natural Gas, Gemstones, Timber, Rice, Beans & Pluses, Marine Products, Rubber, Garment
Major Trading Partners      : China, Thailand, Singapore, India, Malaysia, Hong Kong, Japan, Korea, Indonesia, Bangladesh, Germany
GDP                                      : USD 69.322 billion in 2017
GDP Growth Rate                : 6.8%
Literacy Rate                       : 75.6%
Active Workforce                : 28 million (51%)

Advantages of Investing in Myanmar

  • ASEAN membership offers regional trade benefits
  • Strategic location between China and India
  • Important crossroads in China’s Belt and Road Initiative (BRI).
  • Rich supply of natural resources, including forests, minerals and natural gas
  • Abundant agricultural resources and marine resources
  • High potential for tourism
  • Attractive demographic profile of the labor force, providing one of Asia’s lowest labor costs