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Since the liberalization of the Myanmar economy, the government has been able to improve the country’s political and economic scenario, thereby creating new growth and investment opportunities for companies. However, despite the shift from an authoritarian military rule to a democratic government, the Myanmar military still has an influence in parliamentary decision making. There are chances that this might be overruled in the near future in the face of mounting domestic and foreign pressure. This report analyzes the political and economic scenario in Myanmar and its impact on both domestic and foreign investments. It also examines the social and technological trends along with legal and environmental factors that shape the country’s business environment. Moreover, it provides an in-depth analysis of the factors that influence key strategic business and investment decision making in Myanmar.People are increasingly moving from rural areas to cities in search of job opportunities and better facilities. To support the growing urbanization, the Myanmar government is expected to increase investment in various sectors, including infrastructure. Moreover, it has opened the doors for foreign direct investment to strengthen the country’s private sector. The study seeks to assess the demand in emerging industries such as information and communications technology, oil and renewable energy, agriculture, and finance in Myanmar for the next 5 years till 2024. It specifically discusses the current state of these industries and sheds light on the factors that are contributing to their prospective growth. It also highlights the provisions and laws implemented by the government to support the growth of these industries and the opportunity that companies can leverage to establish themselves as important participants in the Myanmar market.
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