The New Burma/Myanmar Investment and Trade Summit: A Practical Guide for UK Companies

27 September 2012

Following the suspension of sanctions by the EU and the easing of sanctions in the US, there are clear signs that Burma/Myanmar is re-entering the international business community.

To make the most of this opportunity, British companies need to have a good understanding of the business, economic and political situation in Burma/Myanmar. Planning your market entry in a comprehensive manner is the key to success in a country that is undergoing radical and rapid reform.

To meet this need, City & Financial, with the support of UK Trade & Investment (UKTI) and the UK-ASEAN Business Council, is organising The New Burma/Myanmar Investment and Trade Summit in Central London on 27th September 2012. The Myanmar-Britain Business Association is also supporting the event.

The Summit has been tailored to provide delegates with practical information about doing business in Burma/Myanmar. It will also offer a platform for networking with other UK companies that are likely to be at the forefront in tendering for major contracts.

Among the topics that will be covered by the faculty of expert speakers are the following:

  • The current political and economic situation
  • Sanctions – where are we now?
  • Practical experience of exporting to Burma/Myanmar
  • Key factors involved in carrying out a market assessment
  • Finding business opportunities and partners
  • Legal issues, including the Foreign Investment Law

Also, during the afternoon workshops delegates will hear about the significant opportunities that exist in the following sectors:

  • Oil & Gas
  • Mining and extractive industries
  • Power
  • Infrastructure
  • Tourism
  • Capacity building, education & training

What they're saying:

The International Monetary Fund recently called Burma the "next economic frontier in Asia".

Rajen Nair, the regional head for JCB, Britain's largest construction equipment manufacturer, told The Irrawaddy newspaper: "I think Burma has very good potential for growth in the coming years."

High-profile commodities investor Jim Rogers said in a recent interview that Myanmar/Burma was "probably the best investment opportunity in the world right now", comparing it to China when it opened up in 1978.

Zain Latif, head of private equity firm TLG. "There is a lot of infrastructure required, particularly in tourism." TLG is planning to set up a company operating cruises on the Upper Irrawaddy river, via a similar company in Cambodia in which it invests.

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