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News Link • Economy - International

Now Myanmar Is Showing Hopes For Reform, Everyone Is Wondering If It's The Next Great Investment

•, Sanya Khetani
 Myanmar has been in the media spotlight recently for the election victory of Aung San Suu Kyi, the country’s opposition leader, which many have hailed as the nation’s first concrete steps towards democracy.

It has led the U.S. and numerous European countries to consider lifting the economic sanctions that have been in place since the military junta took over in the 1990s, which has led to a glut of foreign investors flooding Myanmar in search of the next big thing. Could this be it?

Myanmar (or Burma) has a number of things going for it that make it a great target for foreign investment. It is rich in natural resources: coal, natural gas, timber, and precious stones; it occupies a geopolitically strategic position as an alternative shipping route from Asia to the Middle East, India and Europe; and it has the potential to become a great tourism hub, Moneyweek reports.

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