Myanmar and ADB
In the Spotlight
This comparative analysis of administrative frameworks, functions, and performance of revenue bodies in 28 Asia–Pacific economies includes developments and trends in tax administration practice and performance. Download report
Myanmar’s economy is projected to stay on a steady growth path over the next 2 years, supported by economic reforms, strong global growth, and higher foreign direct investment flows, according to a new ADB report.
This Bond Market Guide provides an update for current and future domestic, regional, and international market participants on the tremendous developments in the Myanmar securities market.
Along with the recently revised Myanmar Investment Law, the passage of the Myanmar Companies Law represents an important step toward creating an enabling business environment in the country.
Emerging from decades of economic and political isolation, Myanmar is striving for inclusive economic growth and poverty reduction. The country has strong potential for broad economic expansion, possessing abundant natural resources, a strategic location at the crossroads of Asia, a young population, and a sizable market with wide-ranging investment opportunities. Successful national elections, held in November 2015, represented an important milestone in Myanmar’s transition.
ADB operations in Myanmar focuses on building human resources and capacity, creating an enabling economic environment, and expanding access and connectivity.
Myanmar is a member of the Greater Mekong Subregion (GMS).
Projects in Myanmar
- Second Greater Mekong Subregion Highway Modernization Project (formerly GMS East-West Economic Corridor Highway Development Project)
- Second Mandalay Urban Services Improvement Project
- Rural Roads and Access Project
- Railway Modernization Project
- Enhancing Financial Access through Public Credit Guarantee Scheme Project