Myanmar is one of the newest emerging markets, having undergone rapid transformation as a result of recent economic and political reforms. It is located at the crossroads of Southeast Asia and South Asia between the two giant Asian economies of China and India.
While not without some ongoing challenges, the country has many advantages conducive to growth, including a young workforce and large domestic market. Myanmar’s abundance of natural resources (oil and gas, LNG, minerals, timber, forest products, hydropower) adds to its potential attractiveness for international investment. Alongside private sector investment, Myanmar’s location and characteristics also make it an important destination for Belt & Road projects, as well as other regional infrastructure initiatives funded or supported by a variety of development and export credit agencies.
Drawing on our extensive experience in helping clients with projects, transactions and operations in Myanmar, the King & Wood Mallesons Myanmar CloudOffice is well placed to help global businesses looking to explore opportunities in the country. Our teams advise on international trade & customs, cross-border investments, infrastructure, energy & resources projects, and dispute resolution.