With the US Sanction lifted everything points towards an inflow of US Companies and investment. Already being late to the game, many other asian investors have established themselves especially over the last four years.
Browings some websites we saw the followign lists from http://consult-myanmar.com/myanmar-business-opportunity/
What are the business opportunities in Myanmar we are often asked? Myanmar being an emerging market where there has been economic isolation and under-investment for the last 50 years presents many opportunities in infrastructure related industries such as:
Browings some websites we saw the followign lists from http://consult-myanmar.com/myanmar-business-opportunity/
What are the business opportunities in Myanmar we are often asked? Myanmar being an emerging market where there has been economic isolation and under-investment for the last 50 years presents many opportunities in infrastructure related industries such as:
- Telecom
- Mobile tower construction
- Network planning and engineering
- Subsea cable engineering, laying and installation
- Optical Fiber engineering, laying and installation to residential, commercial and industrial zones
- Internet Service Providers
- Public Wi-Fi rollout over large area e.g. airport, hotel, convention center, downtown, subway, etc
- Power Generation
- Construction of medium to large-scale hydro and gas-fired power plants in Public-Private-Partnerships
- Investments into the transmission system (e.g. high-voltage transmission lines between the North of Myanmar and Yangon)
- Realization of small-scale hydro-power projects e.g. to supply a village tract
- Establishment of solar energy farms and wind power farms
- Provision of efficient and practical solar-power kits to communities currently off-grid as well as of solar-power based solutions (e.g. solar-powered pumps, solar lighting)
- Upgrading of the current power infrastructure in urban centers and industrial zones
- Building & Construction
- Urban planning, building and management
- SEZ planning, building and management
- Building of transportation system such as airports, sea ports, rails, roads and bridges
- Establishment and retrofitting of industrial parks and supportive infrastructure
- Building of logistics infrastructure
- Hotel, Tourism
- Investing in tourist class hotel
- Investing in tourism related transport service such as tour buses, limousine, etc
- Investing in tourism related novelty programs such as hot air balloons, river cruises, amphibious vessels, etc
- Investing in F&B outlets in malls and tourist areas
- Manufacturing
- labour-intensive industries in second-tier cities (e.g. Pathein, Bago, Hpa An) in areas such as production of garments and shoes or assembling of toys and stationary articles
- agro-processing industries at the locations of agricultural produce in rural areas
- Production of building materials strongly demanded by the national construction industry (e.g. cement, bricks, steel, glass, paints, doors, windows etc.)
- gemstone processing industries (e.g. jade, sapphires, rubies) to establish value-adding production such as design, cutting and polishing inside Myanmar
- capital-intensive industries (e.g. automotive, land machinery) particularly at locations with good access to international and national markets (e.g. SEZs)
- wood-processing industry particularly based on hardwood and bamboo (e.g. furniture production)
- paper and cardboard industry
- high-tech industries (e.g. in Yangon, Nay Pyi Taw, Bago and Mandalay) based on local, regional and global demand and the opportunities through the proximity of international airports
- chemical industries (e.g. pharmaceutical and plastic articles) based on local and regional demand
- industrial services, e.g. waste water management, recycling, training
- Agricultural & Farming Industry
- Distribution of low-cost irrigation systems to rural communities (e.g. solar-powered, with instruction)
- Leasing of agricultural tools and machinery
- Distribution of high-quality seeds for higher yields
- Establishment of the production of fertilizers, crop protection chemicals etc.
- Contract farming (i.e. direct sourcing from rural communities (based on partnership agreements)
- Introducing value-added production / processing based on local agricultural produce (e.g. Groundnut, sesame).
- Establish packaging / canning industry for agricultural produce
- Establishment of research and training institutions or demonstration farms on integrated agriculture, crop sequencing, fertilizer use, organic agriculture and agriculture-related business skill development
- Construction of warehouses and cold storages
- Microfinance, micro-insurance and trade finance services for farmers
- Aquaculture and Fisheries
- Capture and aquaculture of different types of fish
- Capture and aquaculture of shrimp and prawn
- Fish food production
- Fish and seafood processing facilities
- Cooling, canning and packaging facilities
- Establishment of education and research institutions to broaden knowledge as well as the base of human resources available to the fisheries sector
- Mining – Myanmar is rich in the following minerals: Alum, Amber, Antimony, Barite, Bauxite, Beryl, Bismuth, Cadmium, Chromite, Columbite, Copper, Corundum, Gemstones, Gold, Graphite, Gypsum, Iridium, Iron ores, Manganese, Mica, Molybdenum, Natural gas, Nickel, Ochre, Oil, Shale, Phosphates, Silver, Soda, Steatite, Sulphates, Sulphides, Sulphur, Tin, Titanium, Tungsten, Cinnebar, Coal, Cobalt, Jadeite, Kaolin, Lead, Platinum, Salt, Saltpetre, Zinc
- Exploration and feasibility studies for projects in mining as well as oil and gas
- Medium to Large-scale operation of mines and wells
- Offshore and onshore opportunities for the exploration and extraction of oil and gas
- Establishment of petroleum-based industrial, processing and supportive facilities (e.g. refineries, fertilizers, LPG, LNG)
- Value-added production based on natural resources
- Supporting industries, such as machinery, maintenance, consulting services
- Establishment of education and research institutions to broaden knowledge as well as the base of human resources available to this sector
- Forestry-based Industry – Myanmar is rich in the following tree species: Teak, Pyinkado, Padauk, Pine and others.
- Establishment of wood-processing industry (e.g. furniture production)
- Expansion of bamboo forests and bamboo-based production (i.e. handicrafts)
- Rubber-based industries (e.g. tire production in Mon and Karen State)
- Teak and hardwood plantations
- Sandalwood-processing industries
- Community-based forestry
- Services
- Building consultancy – earthquake proof structure, mechanical and electrical engineering, civil and structural engineering, building information modelling, etc.
- Design consultancy – urban design and master planning consultancy, architectural design, building interior design, retail design, etc.
- Environmental engineering and waste & water management.
- Environmental and social impact consultancy in the area of Oil & Gas, Mining, large scale development projects such as SEZs, airports, seaports, etc.
- Seismic data acquisition consultancy for the Oil & Gas and Mining industries.
- Educational and training consultancy for key industries such as Oil & Gas, Mining, Power Generation, Construction, Banking, Hotel & Retail, etc.
- Agricultural and livestock management and production consultancy and training.
- Hospital and healthcare planning and management consultancy and training.
- Banking software applications for Retail, Private, Universal, Wholesale & Lending business functions
- E-Government software applications that automate managing of appointment, application for permit or licence, queuing system for government department that interact with citizens, procurement system, etc.
- Information system required to manage airport operations, port operations and custom/immigration entry and exit points
- Traffic management systems for expressway, toll roads and highly congested urban centre.
- Real estate marketing consultancy for high end property.
- Retail brand franchise opportunity e.g. fast food and restaurant concepts
- Foreigners can now invest legally in the following business activities without the need to have a Myanmar citizen as a JV partner i.e. a foreigner can own 100% pf the following economic activities
- Production and distribution of hybrid seeds
- Production and propagation of high yield seeds and local seeds
- Manufacturing of rubber and rubber products
- Ecotourism
- Foreigners traditionally cannot be involved in trading i.e. you will not be able to apply for an import or export licence. However on 11th Nov 2015 the Myanmar government send out a notification allowing foreigners to operate trading business via a JV with a Myanmar citizen in the following areas:
- Fertilizers
- Pesticides
- Seeds
- Hospital equipment
- What are the areas that foreigners can legally invest in NOW in Myanmar without having to look for a Myanmar citizen as JV partners i.e. where you can own the business 100% as a foreigner? The following areas are now open to 100% foreign investment just by setting up a Service Company with a capital of just USD 25,000 when you start the company :
- Engineering consultancy services
- Business advisory, marketing research, media planning and advertising services
- HR development and training in areas such as banking, financial services, Information Technology,etc
- Software development and IT value-added services
- Providing Western style retail services such as restaurant, cafe, wellness spa,etc
- To learn more about incorporating a Service Company click here.