It is located in a strategic point facing China, India and leading ASEAN countries and connecting to huge consumer markets
About 2.8 billion people living in five countries bordered by Myanmar including China, India, Thailand, etc.
Emerging as one of the largest production bases in Asia following China and Vietnam
The best investment market for labor-intensive industries as it can provide the low-paid work force with high quality based on its high population.
Drawing attention as a potential huge market and promising production base in the future as its labor cost is lower than China and Vietnam
Rapid Economic Growth
- - Rapidly growing national income
- - Relieving economic sanctions against Myanmar
- - Open-door policy of Myanmar government
Geographically Strategic Point
- - Potential as a production and logistics base
- - Best geographic environment with 2.8 billion people living near the boarder
- - Connecting China and India
Concentrated Foreign Investment
- - Transition to market economy system
- - Improving foreign Investment climates and opening financial market
- - Increasing foreign investment
New production base to replace China as a low-wage country in East and West Asia
One of the most populous countries in the world
Most of them are Muslim (national religion)
More than 90% of the land is flat, except for small highlands the plains are usually within 9m above the sea level.
Least developing countries that depend absolutely on agriculture
Rapid Economic Growth
- - High economic growth rate of 7%
- - Largest export clothing
- - Construction of additional EPZs in Dhaka and Chittagong areas such as Karnapuli EPZ (Chittagong) and Adamji EPZ (Dhaka)
Geographically Strategic Point
- - Inland waterway development
- - High population density
- - Converting from agricultural to industrial
Concentrated Foreign Investment
- - Easing foreign exchange regulations following the implementation of the foreign investment law
- - Preferred tariffs according to least developed countries
- - Increase in foreign investment