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Strong Development Plan and Good Natural Resources will Boost the Growth of Myanmar’s Economy

Added: (Fri Aug 11 2017)

Pressbox (Press Release) - Myanmar economy is dominated by the service sector, which contributed approximately 38.7% to the total GDP in 2016. Transportation is the major contributing 11.3% of GDP. The government of Myanmar is expected to increase investment on number of projects that will help further develop on various sectors such as power, light manufacturing, hospitality, transportation & communication, and agri-business. Myanmar has Sustainable Development Goals which provides direction for prioritizing capital expenditure, encouraging private investment and creating jobs for nation’s development. The Myanmar’s government is focusing to develop the economy by help of education reforms, energy reforms, and upgrading production & service based technology which will encourage the consumer spending and move the economy toward an externally sustainable path.

Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Myanmar and has come up with a comprehensive research report, “PESTLE Analysis of Myanmar 2017”. This report provides an analysis of the Myanmar economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Myanmar is also included in the report. The report also includes forecast for Myanmar economic growth through 2022.

The report highlights various drivers and challenges which have influence on investment decisions in the economy. Myanmar is a rich country in natural and human resources; it has attractive incentives to attract potential foreign investors. Myanmar is frequently facing problem with the occurrence of natural disaster such as flood. Another challenge for Myanmar has social challenge of high corruption rate.

This 84-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time. Lucintel offerings include SWOT Matrix, Due Diligence, Mergers & Acquisitions, Industry/Market Analysis and Strategic Growth Consulting.

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.

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