Myanmar Infrastructure Report Q4 2017
BMI View: Myanmar's significant infrastructure deficit provides growth opportunities, and we expect thecountry's construction sector to be among the outperformers globally over the coming years. We areforecasting an average annual real growth rate of 13.5% between 2017 and 2021.
Forecast & Industry Developments
Myanmar suffers from a severe infrastructure deficit, with its transport and utilities sectors in particularbeing in need of significant modernisation and expansion. The government led by the National Leaguefor Democracy (NLD) is therefore looking to improve the still poor business environment to attractforeign direct investment (FDI) to fund these projects.
Myanmar has poor electricity supply and the Ministry of Agriculture, Livestock, and Irrigation is lookingto speed up its programme for off-grid power projects in rural parts of the country. By 2021, thegovernment hopes to link more than 35,000 households to mini-grid systems and install solar panels unitsat a further 460,000 homes.
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