Jetro: Boom in Myanmar aids Asean | Bangkok Post: business

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Jetro: Boom in Myanmar aids Asean

FDI crucial to strategy based on exports

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Asean as a whole will benefit from foreign direct investment (FDI) as Myanmar starts to see improved cash flow in key sectors, says the Japan External Trade Organisation (Jetro). 

Toshihiro Kudo, senior research fellow at Jetro's Institute of Developing Economies, said Myanmar has long been a missing link in the region despite having a strategic geographical position among Asean members.

"The electrical/electronics and apparel sectors in Myanmar are enjoying foreign direct investment that is supporting its export-oriented growth strategy," he said.

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