The removal of financial transaction restrictions made by US President Barrack Obama last month is expected to be the driving force of a second growth wave in Myanmar, providing significant business opportunities to multinational companies. Special Economic Zones, export-oriented policies and tax benefits have encouraged diversification of investment to sectors such as manufacturing and real estate. Senior executives who recently participated at the Solidiance Executive Breakfast Roundtable in October expressed a general consensus that Myanmar is on the right track, albeit the challenges MNCs must face, offering a perfect testing ground in this last frontier market.


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