Ask after the hottest markets in Asia and Myanmar is sure to be high on the list for a wide range of businesses, particularly those in infrastructure, energy, retail, real estate, hospitality and private equity that are keen to expand their operations in new territories. The country is rocketing forward and every day brings a new change in some shape or form.
Of course, Yangon, as the key commercial centre, receives significant attention, but Myanmar is a multifaceted country and for those in industries such as infrastructure, energy, hospitality or real estate there are opportunities in proximity to other commercial centres or tourism bases such as Mandalay, Mawlamyine, Bagan, Heho, Ngapali and Special Economic Zones such as Dawei, Kyaukpyu and Thilawa. Naypyidaw, as the Capital, remains an important location for all government-related initiatives.
Although there are varying levels of foreign participation possible in commercial ventures, depending on the industry concerned, foreign munitions and rare gems still remain closely guarded and are closed to foreign interests.
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