Myanmar encourages foreign investment
Myanmar’s government has made a strong pitch to foreign investors to commit to its ports at the 15th ASEAN Ports and Shipping conference.
“Please come and co-operate, co-ordinate and collaborate,” Dr Myo Nyein Aye, deputy general manager of Myanmar Port Authority, told the conference.
Myanmar’s case rests on its enviable location: it’s the last undeveloped country in South East Asia and also benefits from close proximity to the Pacific Century markets of India and China.
“We are the Western flank of that (South East Asia) region, especially of the Greater Mekong Subregion (GMS) area,” Dr Myo said.
Dr Myo pointed out some 93% of the terminals in the country are run by private-public partnerships, demonstrating the openness of Myanmar to foreign investors.
This was corroborated by Jo Daniels, from international lawyer Baker McKenzie. PPPs were “specifically in the law itself”, she said, adding there were few restrictions on what port businesses foreign companies could undertake.
A.P. Moller - Maersk is an integrated Transport and Logistics company with multiple brands and is a ... Read more
We are looking for an experienced and talented Digital Marketing Executive to join our award winning... Read more
Graduates, interns and placements are key to the overall success of CH2M. We invest in initial caree... Read more
Here at British Steel we’re looking for passionate, hard-working, ambitious and dedicated people who... Read more