Construction in Myanmar – Key Trends and Opportunities to 2018

Date: 2015-09

The Myanmar construction industry registered a compound annual growth rate (CAGR) of 14.52% during the review period (2009–2013). This growth was supported by the country’s political stability, an increasing number of investment opportunities in energy and public infrastructure projects, and the rapid inflow of foreign direct investment (FDI) from Vietnam, Thailand, China, Singapore and Malaysia. Construction industry growth is expected to remain strong over the forecast period (2014–2018), driven by the government’s increasing expenditure on improving public infrastructure, and the rising interest of domestic and foreign real estate developers in constructing residential units to meet the population’s huge housing demand. Consequently, the industry is expected to record a CAGR of 11.94% over the forecast period.

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