A Golden Opportunity
Myanmar, also known as the Golden Land, is considered to be one of the last great frontier markets to open up in Asia. With its abundance of natural resources, extensive coastline, and growing need for infrastructure and appetite for consumer goods, it is now an extremely attractive growth prospect. While companies from many countries have already begun investing in Myanmar since sanctions began to be lifted two years ago, US companies have been holding back somewhat, in part due to ongoing concern around sanctions and confusion around the legal landscape. However, the recent announcement by President Obama to lift the sanctions on Myanmar and reinstate the country in the Generalized System of Preferences is likely to embolden investors. With this guide we illustrate what US companies need to know about investing in Myanmar, and why this is a golden opportunity.