Myanmar needs more labour skills | Bangkok Post: business

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Myanmar needs more labour skills

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Despite an influx of foreign investment and large resource base, Myanmar's exponential growth in gross domestic product (GDP) could be held back by inadequate basic infrastructure and a lack of skilled workers, says a Yangon-based business and market entry adviser. 

Jean-Pierre Verbiest, an economic and finance expert at West Indochina, said Myanmar is still in the early stages of developing its independent power producer policy framework and creating energy regulators.

According to the International Monetary Fund, World Bank and Asian Development Bank, the problem could improve in two to three years, he told the CLSA Asean Forum 2014.

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