Home MMBIZ News Summit to Address Myanmar’s Infrastructure and Construction Development

Summit to Address Myanmar’s Infrastructure and Construction Development

An infrastructure summit will take place at Hotel Sule Shangri-La in Yangon from April 1-3 in a bid to address the potential growth of the infrastructure and construction industries in Myanmar, the summit organisers said.

The Myanmar Infrastructure Summit (MIS) 2015 themed ‘Building A Liveable and Sustainable Myanmar’, will bring together over 20 international and local industry experts, government officials, consultants and advisors to provide industry status updates, discuss on the market directions, investment opportunities and policies and financing options of the Myanmar construction and infrastructure sectors, Malaysia-based events organiser Confexhub said.

Dr Abdul Aziz, chairman of Confexhub, said, “Myanmar is a country that has high potential for rapid growth and development given its rich natural resources, abundant labour force, great geographical location and a government that determined to embrace economic and politic change.

“Under the Myanmar Framework for Economic and Social Reforms, immediate priority will be given to infrastructure projects to improve land connectivity and transportation links with regional economies to boost economic integration.”

This summit is expecting over 200 international delegates from the region to explore the market potential at the same time to network with the potential local business partners in Myanmar.

Paul Yeo, director of MIS 2015, said, “We see the importance to provide a platform to equip the industry players on the relevant information on the market development in Myanmar and together explore the investment opportunities in Myanmar.

“Although many investors see it as not an easy place to do business initially, but most of them feel the risk of missing the opportunity is greater. They look at Myanmar as a long-term opportunity.”

Alongside the conference, there will be a showcase of top construction companies, series of business matching meetings and post-summit technical tour to Yangon City Development Committee and local construction companies.

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