With ASEAN turning 50 and China’s One-Belt-One-Road initiative setting the centre stage, Myanmar is in urgent needs to close its infrastructure gap, integrate with the world and collaborate with its neighbouring countries in order to gain from these initiatives for its economy growth. According to the Asian Development Bank (ADB), Myanmar’s infrastructure gap between now and 2030 worth $120 billion. Myanmar, with its urban population growth that faster than spatial growth expects additional of 10 million of people in the cities requires an additional of $320 billion investment on infrastructure to tackle its endemic poverty.
As Myanmar continues to progress economically and technologically, population boom is expected to continue in major cities such as Yangon, Mandalay and Naypidaw. Secondary cities like Bago, Kayin, Mawlamyine and Taunggyi will start to lead urban centres with their large populations and urban developments. This possess vast opportunities in trunk road network modernisation, construction of expanded roadways including elevated highways, improving access to the city via bridges to the south, east and west. Development of regional airports, inland maritime port terminals, industrial cities, urban transport infrastructure whether in local / commuter rail, road, bridges and alternative transport options i.e. water-taxi, bus system are in focus and presents high investment opportunities.
Themed “Building An Inclusive, Integrated and Modernised Myanmar”, the hosting of the 4th Myanmar Infrastructure Summit 2018 (MIS2018) from 20th – 22nd March 2018 at Sule Shangri-La; with the strong supports from Myanmar Engineering Society (MES) and various regional governments along with key stakeholders, will once again provides an unparalleled platform for potential foreign investors, infrastructure developers, technology providers and infrastructure funders to be updated on the development plans and policies of investing in Myanmar’s urban and rural infrastructure; to assess market opportunities and at the same time build potential business and investment networks with the local policy makers and industry players.
Take advantage of this platform as your springboard accessing Myanmar’s national and regional infrastructure development plans and gain your first-mover competitive advantage. Contact our consultants for more detail or visit www.