BANGKOK, 24 March 2014 (NNT) – The Thai Ambassador to Myanmar has suggested that Thai investors shift focus to Burmese market as more developed countries have shown a great deal of interest in the country.
According to Thai Ambassador to Myanmar H.E. Pisanu Suvanajata, Myanmar nowadays is more open to the world than it has been in the past; moreover, Burmese politics is becoming more and more stabilized, resulting in rising foreign direct investments in the country as evinced by the fact that two Asian powers, Japan and Korea, have already shown their presence there. Thailand needs to seize this opportunity by investing more in its own neighboring country, said the ambassador.
Myanmar has also made it easier for foreign entrepreneurs by restructuring its investment policies, offering privileges and benefits as well as protection to investors.
As Myanmar has been improving its basic infrastructure and computer system, the ambassador believes that Thai investors have as good a chance as anyone else to be successful in Myanmar; especially in 3 industries: hotel, beauty and health, and insurance, given that the purchasing power of the locals has been increasing steadily for the past years.
http://www.information.myanmaronlinecentre.com/ambassador-suggests-thai-investors-look-for-opportunities-in-myanmar/
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