ADB's Work in Myanmar
ADB Membership
Joined 1973
Shareholding and Voting Power
Number of shares held:
57,810 (0.543% of total shares)
Votes:
96,924 (0.729% of total membership, 1.119% of total regional membership)
Overall capital subscription:
$799.41 million
Paid-in capital subscription:
$39.99 million
Building on successful political and economic transformation, Myanmar is emerging as a prosperous nation. The country possesses abundant natural resources, a strategic location at the crossroads of Asia, a young population, and a sizable market with wide-ranging investment opportunities.
Myanmar’s long-term vision is to achieve inclusive and sustainable economic growth, with national reconciliation, equitable development, protection of natural resources, and job creation as overarching goals. However, despite notable success in the initial set of reforms, some challenges remain in both economic management and the peace process.
ADB first welcomed Myanmar as a member in 1973 and commenced reengagement in early 2012. ADB has since been supporting the country’s national strategies and priority programs in collaboration with other development partners.
The Yangon-Mandalay Highway is considered the best road in Myanmar.