Myanmar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)
Description
Myanmar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)
Summary
GlobalData expects the construction industry in Myanmar to have contracted by 1.4% in real terms in 2025, owing to increased construction material prices, labor shortage, supply chain disruptions, impact of the March 2025 earthquake, and the ongoing political instability caused by the 2021 military coup. Production across all sectors have been disrupted by factory closures, supply chain constraints and damage to infrastructure. Additionally, the US import tariffs along with the Western sanctions are also weighing upon the construction material prices in the country, affecting the major project timelines. Furthermore, Myanmar's foreign direct investment (FDI) has been falling since the military took power, according to the Department of Investment and Company Administration (DICA). The value of FDI fell from MMK1.8 trillion ($690 million) in the FY2024-25 (April 2024 to March 2025) to MMK642.2 billion ($248 million) in the first seven months of FY2025-26.
The construction industry in Myanmar is expected to rebound at an average annual rate of 3.8%, from 2026 to 2029.The industry’s growth over the forecast period will be driven by investments in industrial, transport, and renewable energy sectors, coupled with the rebuilding of residential and non-residential properties affected by the earthquake occurred in March 2025. Growth will also be supported by the National Electrification Master Plan (to 2030), under which, the country aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030, mostly through hydropower and natural gas. The government is also providing tax exemptions to encourage solar investments in the country. Myanmar is aiming to generate 11% (approximately 2,000MW) of country’s electricity from non-hydro renewable sources, and 17% (3,070MW) with sufficient international support, by 2030. The government of Myanmar is also drafting a new 20-year energy development plan (2026-2045) to further expand clean energy.
GlobalData’s Construction in Myanmar - Key Trends and Opportunities to 2029 (H2 2025) report provides detailed market analysis, information, and insights into Myanmar's construction industry, including -
This report provides a comprehensive analysis of the construction industry in Myanmar. It provides -
Summary
GlobalData expects the construction industry in Myanmar to have contracted by 1.4% in real terms in 2025, owing to increased construction material prices, labor shortage, supply chain disruptions, impact of the March 2025 earthquake, and the ongoing political instability caused by the 2021 military coup. Production across all sectors have been disrupted by factory closures, supply chain constraints and damage to infrastructure. Additionally, the US import tariffs along with the Western sanctions are also weighing upon the construction material prices in the country, affecting the major project timelines. Furthermore, Myanmar's foreign direct investment (FDI) has been falling since the military took power, according to the Department of Investment and Company Administration (DICA). The value of FDI fell from MMK1.8 trillion ($690 million) in the FY2024-25 (April 2024 to March 2025) to MMK642.2 billion ($248 million) in the first seven months of FY2025-26.
The construction industry in Myanmar is expected to rebound at an average annual rate of 3.8%, from 2026 to 2029.The industry’s growth over the forecast period will be driven by investments in industrial, transport, and renewable energy sectors, coupled with the rebuilding of residential and non-residential properties affected by the earthquake occurred in March 2025. Growth will also be supported by the National Electrification Master Plan (to 2030), under which, the country aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030, mostly through hydropower and natural gas. The government is also providing tax exemptions to encourage solar investments in the country. Myanmar is aiming to generate 11% (approximately 2,000MW) of country’s electricity from non-hydro renewable sources, and 17% (3,070MW) with sufficient international support, by 2030. The government of Myanmar is also drafting a new 20-year energy development plan (2026-2045) to further expand clean energy.
GlobalData’s Construction in Myanmar - Key Trends and Opportunities to 2029 (H2 2025) report provides detailed market analysis, information, and insights into Myanmar's construction industry, including -
- Myanmar's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Myanmar's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Myanmar. It provides -
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Myanmar, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
42 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 8 About GlobalData
- 9 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Myanmar, Key Economic Indicators
- Table 3: Myanmar, Commercial Construction Output by Project Type (Real % Change), 2020–29
- Table 4: Myanmar, Top Commercial Construction Projects by Value
- Table 5: Myanmar, Industrial Construction Output by Project Type (Real % Change), 2020–29
- Table 6: Myanmar, Top Industrial Construction Projects by Value
- Table 7: Myanmar, Infrastructure Construction Output by Project Type (Real % Change), 2020-29
- Table 8: Myanmar, Top Infrastructure Construction Projects by Value
- Table 9: Myanmar, Energy and Utilities Construction Output by Project Type (Real % Change), 2020-29
- Table 10: Myanmar, Top Energy and Utilities Construction Projects by Value
- Table 11: Myanmar, Institutional Construction Output by Project Type (Real % Change), 2020-29
- Table 12: Myanmar, Residential Construction Output by Project Type (Real % Change), 2020-29
- Table 13: Myanmar, Top Residential Construction Projects by Value
- Table 14: Myanmar, Key Contractors
- Table 15: Myanmar, Key Consultants
- Table 16: Myanmar, Construction Output Value (Real, $ Million)
- Table 17: Myanmar, Construction Output Value (Nominal, MMK Billion)
- Table 18: GlobalData Construction Market Definitions
- Table 19: Risk Dimensions
- Table 20: Ratings, Scores and Definitions
- List of Figures
- Figure 1: South and South-East Asia, Construction Output (Real % Change), 2023–29
- Figure 2: Myanmar, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 3: Myanmar, Risk Summary
- Figure 4: Myanmar, Risk Regional Comparison
- Figure 5: Myanmar, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 6: Myanmar, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 7: Myanmar, Commercial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 8: Myanmar, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 9: Myanmar, Industrial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 10: Myanmar, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 11: Myanmar, Infrastructure Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 12: Myanmar, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 13: Myanmar, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 14: Myanmar, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 15: Myanmar, Institutional Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 16: Myanmar, Residential Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 17: Myanmar, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 18: Myanmar, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 19: Myanmar, Headquarters of Key Consultants (% of Total Project Pipeline)
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