Over $830 Million Invested in Myanmar by UOB Clients

Over $830 million has been invested in Myanmar via United Overseas Bank’s clients since it opened a branch in Yangon in 2015, the Straits Times reported on 17 April.

Most of the capital has come from multinational and regional companies based in Asian economies such as China, Malaysia, Singapore and Thailand.

A UOB survey of 2,500 enterprises last year found 20 per cent of companies from Singapore, Malaysia, Indonesia, Thailand, China and Hong Kong said they planned to expand into Myanmar in the next three to five years, according to the report.

 

Source: The Mizzima

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc.

.

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page “Actual Sample of Client Report”. Click here to go to page.

.

Do you know that IE Singapore is giving ≤ SGD 20, 000 support under the MRA Grant and > SGD 20,000 under the GCP Grant for Singapore companies to venture into Myanmar? To learn more click here.

.