Myanmar Infrastructure Report Q4 2015
BMI View: We believe near-term growth in Myanmar's construction sector, while impressive, will remainbelow the country's full potential, owing to political risks as well as a challenging business environment.
We remain more positive for the sector over the medium term and expect a more positive legal environment,improving banking system and greater support from multilateral institutions to provide a more positiveinvestment outlook.
Key Trends And Developments
Myanmar's construction sector will remain at levels that are modest relative to its massive growthpotential over the near-term. We forecast real growth for the sector to come in at 8.5% for 2015 andexpect the sector to grow by an annual average of 11.8% between 2016 and 2019.
Growth will continue to be hindered by sizeable political threats and investment challenging businessenvironment. Sectarian violence, fault lines in the ruling Union Solidarity and Development Party(USDP), and uncertainty in the 2015 elections will serve to limit construction growth.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook