You are here

KWR International Report Highlights Business and Investment Opportunities in the “New” Myanmar

New York - (April 3, 2012) – To help corporations and investors evaluate the implications of recent developments and the many business and investment opportunities emerging in Myanmar -- an untapped Southeast Asian market of 55+ million people that is now opening up its economy after sixty years of isolation -- KWR International, Inc. (KWR) is pleased to announce the release of an executive briefing titled “Business and Investment Opportunities in the ‘New’ Myanmar”. The KWR report highlights the significant transformation now taking place in Myanmar; a resource-rich nation, which possesses significant natural gas and oil reserves, 80% of the world’s teak supply, precious gemstones and metallic minerals, and substantial fertile land for agriculture. Its preservation of temples, pagodas, and colonial buildings combined with its vast natural beauty heightens its attractiveness as a tourist destination. Myanmar’s geographic location is ideal for commerce with China, India and other parts of Southeast Asia with coastal access providing an opportunity to become a central shipping country and a major actor in international and regional trade. Its large population also provides it with the labor force necessary to develop a proficient manufacturing sector and constitutes a sizable consumer market. KWR’s 57-page research report analyzes the increasing attractiveness of Myanmar as a business and investment destination, through a review of its history, regional importance and recent political and economic developments as well as its foreign relations and the sanctions that have constrained trade and investment in recent decades. The report then outlines the potential for near term growth through development of key export industries including mining and minerals; agriculture and agribusiness; forestry and timber; fisheries and aquaculture and manufacturing. In addition, attention is devoted to Myanmar’s domestic economy and how it will benefit from reform and rising living standards. This includes a look at tourism, technology and telecommunications, financial services, healthcare, retail, real estate and infrastructure development. To provide a nuanced understanding that balances recognition of Myanmar’s underlying attractiveness with the difficulties the nation must address to sustain movement toward a more stable, open and competitive market economy, the KWR report also examines a number of potential concerns and difficulties. These include the need to resolve conflicts with ethnic minorities, to release political prisoners and re-integrate them into civil society, to overcome sanctions, and to sustain continuing movement toward a more democratic form of government. Attention is also devoted to the need to build adequate institutions and a legal system that can continue to move the nation forward and effectively process the rapid change now underway. This is essential both to create an equitable, inclusive society, while attracting and protecting foreign and domestic corporations, investors, entrepreneurs. so they can effectively plan and develop the strategies, structures and commitments needed to operate successfully in Myanmar and to position the nation as a strong global competitor. Before concluding, KWR examines a number of regional catalysts that promise to reinforce and provide additional depth and momentum to Myanmar’s reform efforts. These include Myanmar’s hosting of the Southeast Asia (SEA) Games in 2013, its chairmanship of the 2014 Association of Southeast Asian Nations (ASEAN) Summit, and movement toward a region-wide ASEAN Economic Community (AEC) in 2015. The AEC will give rise to expanded trade and investment in a region that collectively possesses approximately 580 people and a region-wide GDP of about US$1.5 trillion. “Having spent many years following Myanmar since I began dedicating myself to developing business and investment with the country in the 1980s, I am pleased KWR has begun to support companies and investors as they seek to better understand, and gain exposure to, this attractive and largely unknown market”,, noted Keith Rabin, President of KWR. “This initial report is designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging. Following a trip to Myanmar this month for discussions with business and government leaders, we plan to supplement this first briefing with sectorally-focused reports. This will help to provide the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study.” To obtain a free Executive Summary and Table of Contents of KWR’s “Business and Investment Opportunities in the ‘New’ Myanmar” report, click here. For pricing information and to purchase KWR’s “Business and Investment Opportunities in the ‘New’ Myanmar” report, click here.