Good prospects in Myanmar for long-term investors: Oxford Business Group report

Good prospects in Myanmar for long-term investors: Oxford Business Group report

A file photo of workers in an electronics plant set up by foreign investors in Myanmar. Photo - EPA

Myanmar’s growth and forecasts make an exciting prospect for companies seeking long-term opportunities.

The Report: Myanmar 2020 marks the culmination of 12 months of field research by a team of analysts from Oxford Business Group, is a global research and advisory company.

The publication assesses trends and developments across the economy, including those in macroeconomics, infrastructure, banking and others.

Myanmar’s inherent advantages, which include a dynamic internal market, an abundance of natural resources and a strategic location between China and India, meant it had plenty to offer the international business community.

The transition under way in Myanmar’s financial services sector is gathering pace, with liberalisation continuing to drive formalisation and financial inclusion efforts across the banking industry, international players establishing a presence in the insurance segment and capital markets opening up to both foreign and local investors.

The report said that Myanmar’s efforts to expand the formal economy on the back of strong GDP and trade growth are given wide-ranging coverage.

Oxford Business Group is a global research and advisory company with a presence in over 30 countries, from Asia, the Middle East and Africa to the Americas providing of on-the-ground intelligence on the world’s fastest growing markets for sound investment opportunities and business decisions.

Source: Myanmar Times

1163total visits,1visits today