Myanmar Has Become a New Investor Destination in Asia

Global Business

Myanmar, as Association of Southeast Asian Nations (Asean) Chair, has done well to ensure that achieving the ASEAN Economic Community (AEC) 2015 goal has remained a top priority on the region’s agenda.

With the AEC deadline looming, Myanmar is throwing all its efforts into modernizing the Myanmar economy. The results have been positive. For the previous 2013/14 financial year, Myanmar’s economy attracted US$3.5 billion  in foreign direct investment, and a Gross Domestic Product (GDP) growth rate of an estimated 7.5 per cent. The country expects to receive US$4 billion in FDI in the 2014/15 financial year, and for its GDP to hit 7.75 per cent.

Myanmar has come a long way from being a secluded economy into one of Southeast Asia’s brightest prospect.

With companies racing to get a foothold on the newly opened economy, Andy Saputra looks at the potential and the challenges still remains there.

Myanmar: A New Investor Destination

Myanmar: A New Investor Destination

Myanmar has come a long way from being a secluded economy into one of Southeast Asia's brightest prospect. With companies racing to get a foothold on the newly opened economy, Andy Saputra looks at the potential and the challenges still remains there.

Murray Hiebert, Senior Fellow with the Center for Strategic and International Studies, joined CCTV’s discussion on more about Myanmar’s economy.

Interview with Murray Hiebert on Myanmar's economy

Interview with Murray Hiebert on Myanmar's economy

Murray Hiebert, Senior Fellow with the Center for Strategic and International Studies, joined CCTV's discussion on more about Myanmar's economy.