Asia's Economic Growth Slows

New ADB report lowers region's growth rate to 6 percent on continued global uncertainties and slowing economic activity.  Read More

12 Pillars for the Transformation of Asia and the Pacific Region

Asia and the Pacific has made good progress towards the eight Millennium Development Goals (MDGs), though the region will still need to make greater efforts if it is to meet some important targets. Read More

Small Sanitation Project in Myanmar Has Big Impact on Community Life

A $50,000 pilot sanitation project in Myanmar shows that local infrastructure and services can be developed by communities and city governments in the informal settlements where they’re most needed. Read More

Asia's Path to Prosperity

Industrialization must be an essential part of the growth formula if Asian countries are to prosper and avoid the 'middle income trap,' says ADB report. Read More

Overview

Myanmar embarked on a path of political and economic reforms in 2011, paving the way for developing the country’s large potential.

According to a 2012 ADB study, Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms.

In August 2012, ADB stepped up its presence in Myanmar by assigning more staff to extended missions in the country.

Fast Facts

61.12 (2012)
Population in millions

1.1% (2010–2012)
Annual population growth rate

25.6% (2010)
Population living below the national poverty line

Fact Sheet

Proposed Projects

30 Sep 2013 46490-001: GMS Capacity Building for HIV/AIDs Project (Strengthened National Response to HIV and AIDS in Myanmar)
24 Sep 2013 46390-002: Power Transmission Improvement Project
24 Sep 2013 46486-001: Enhancing Power Sector's Legal and Regulatory Framework
View all proposed

Approved Projects

4 Jul 2013 47158-001: Design of e-Governance Master Plan and Review of Information and Communication Technology Capacity in Academic Institutions.
19 Jun 2013 47177-001: Support for Post-Primary Education Development
6 Jun 2013 46485-001: Capacity Development of the National Statistical System
View all approved

ADB Lending

Amount ($M) / %
Sector (No. of loans)
316.10 / 59.54
Agriculture (15)
 
26.80 / 5.05
Energy (4)
 
20.00 / 3.77
Finance (2)
 
63.10 / 11.89
Health (2)
 
26.40 / 4.97
Industry and Trade (3)
 
42.50 / 8.01
Transport and ICT (2)
 
35.96 / 6.77
Water Supply (4)
 
530.86 / 100.00
TOTAL (32)
Cumulative as of 31 December 2012

Publications

Oct 2013 Asian Development Outlook 2013 Update: Governance and Public Service Delivery

Sep 2013 Regional and Subregional Program Links

Jan 1970 Strategic Framework and Action Plan for Human Resource Development in the Greater Mekong Subregion (2013–2017)

View all publications

News Releases

2 Oct 2013 Asia Must Step Up Governance Reforms to Sustain Growth and Development
2 Oct 2013 Developing Asia Slowing Amid Global Financial Jitters
30 Sep 2013 Myanmar Plans Electricity Expansion with Assistance from ADB, Japan
6 Sep 2013 ADB, Japan to Help Myanmar Design Road Project Linking Kayin State to Yangon
6 Sep 2013 ADB, Japan to Help Myanmar Assess Road Networks, Prioritize Repairs
View all news releases

Photostream

ADB IN ACTION