The aim of this forum is to provide insight in to emerging opportunities in Myanmar for potential Sri Lankan investors. It facilitates growing Sri Lankan corporations to find the best entry strategies and innovative business models to expand its horizons to ASIAN being a truly global company. Why Myanmar: Myanmar, ten times the geographical size of Sri Lanka with close to three times the populatio
n of Sri Lanka. The country was almost closed for global trade except a few countries; but, now it is open. It is attracting attention of many developed and emerging countries such as Thailand, Vietnam, India, Japan and Korea. Myanmar’s economy is expected to continue to grow to the tune of 6.8 percent this year, as the new government moves into its third year at the helm, according to the World Bank. Foreign direct investment (FDI), meanwhile, is rising for a record year, after reaching $1.8 billion in just five months of the 2013-14 fiscal year, according to government data. This significantly outpaces $2.7 billion in FDI for all of 2012, which in itself was a 42.1 percent increase from 2011. Geographically Myanmar is near to Sri Lanka and its culture and people are very close to Sri Lanka due to centuries old exchanges involving Buddhism. Yet, Myanmar’s economy, based on Purchasing Power Parity, is smaller than Sri Lanka. This adds power for farsighted Sri Lankan companies to venture into Myanmar and become key players in global business and trade. Date: 12th June 2014 @ 4pm
Venue: Hotel Colombo Hilton
Target Audience:
• Sri Lankan Manufacturing & Export Companies
• Banks and other Financial Services
• IT companies
• Construction companies
• Education & Skill Development
• Shipping, logistics & Allied Services
• Small and Medium Enterprises (SME’s)
Who seize the opportunities in emerging Myanmar