Monday, 4 April 2016

Thailand to Myanmar spatial fix?

A brief comment on which we might speculate about a Thailand to Myanmar spatial fix:
There are some bright spots – several Thai garment manufacturers have relocated to Yangon citing lower wages and production costs – bearing in mind generators and other self sufficient energy resources needed to be installed. However, at present, despite its allure, Myanmar remains a difficult country at present to do business. The new Government needs to take stock, produce a sustainable foreign investment culture, and then look at raising funds to secure much needed infrastructure development investments. Manufacturing meanwhile will in time be a possibility – but not until a better quality of education and training in skill sets can be introduced on a mass level.
"Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook," Asia Briefing, 1 April 2016.

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