PRODUCTS HIGHLIGHT

The first phase – Zone A - of Myanmar's Thilawa Special Economic Zone (SEZ) in Southeastern Yangon becomes Myanmar's first operational SEZ. It is being implemented in two phases: Phase-1 takes up 211 hectares, while Phase-2 is 184 hectares and is expected to be completed by mid-2016.

 

2016 GDP growth in ASEAN is projected to be led by Myanmar where the World Bank forecasts growth of 7.8 per cent - a 20 per cent increase over the country’s 2015 growth of 5.8* per cent.   With continued economic reforms and foreign direct investment, the country’s economic prospects look highly favorable for the future.

For ASEAN member countries, 2016 promises a mixed bag with the World Bank forecasting Thailand’s economy to remain on the intensive care list, shrinking  20%  from the 2015 GDP of 2.5* per cent.. This is primarily due to lower domestic consumption, higher household debt and lower export growth.




Subcon Myanmar

Thailand is known for its high quality industrial parts, but production costs are high due to the minimum wage.  Myanmar is an ideal place to source standard parts in order to reduce costs. SUBCON Myanmar 2016 will be a key venue for those in supporting industries to establish business partnerships and showcase industrial parts to local and multinational companies throughout Myanmar. SUBCON Myanmar 2016 is fully supported by the Thailand Board of Investment (BOI) and Major industrial Associations in ASEAN - including the Thai Subcontracting Association.





Quality of Visitor


The Venue & UBM Organiser


The premier event of INTERMACH Myanmar will be held in Tatmadaw, Yangon. The city has a unique charm and features many old colonial buildings, tree lined streets, bustling local markets and tranquil lakes. It had beautiful golden pagodas that glisten amongst the trees and many unique architectural buildings, all of which make the venue a delightful place to visit and do business.


UBM Asia (Thailand)
is part of UBM Asia, the leading organiser of exhibitions in Asia. Owned by UBM listed on the London Stock Exchange, UBM Asia operates in 18 market sectors with headquarters in Hong Kong. UBM Asia is also the largest exhibition organiser in the two fastest growing markets in the reqion: China and India; and has a staff of over 1,000 professionals located in 21 major cities.


 
 

Industries News

Strong Start for Burma’s 2014-15 FDI

Though the United States extended its economic sanctions against Burma for another year in May, overall foreign direct investment continued to rise in the first two months of the fiscal beginning April 1, according to a senior official at the Directorate of Investment and Company Administration.

Thai Airports Management Firm (AOT) in Cooperation Scheme With Burma

AoT has signed a cooperation agreement with Burma’s Pioneer Aerodrome Services (PAS), a subsidiary of the Burmese conglomerate Asia World that manages Rangoon and Naypyidaw airports, said Bangkok-based TTR Weekly.

As of July, the Myanmar Investment Commission (MIC) will no longer be based in Nay Pyi Taw or answer to the Ministry of National Planning and Economic Development.

Thailand was the second-largest source of approved foreign investment in Myanmar, worth about $10 billion.

Several Thai business delegations visited Yangon last week looking to expand in the fast-growing economy, though some experts added further reforms in Myanmar are required to attract investment.

Myanmar's industrial hub gets autoparts maker as first tenant


The Japanese autoparts maker has reached a basic agreement to lease some 3 hectares from Myanmar Japan Thilawa Development, the developer of the industrial park. The two sides are expected to sign a memorandum of understanding as early as this week.

Myanmar received US$ 2.21 billion in foreign investment in the first four months of 2014.



Media Partner


UBM Asia in ASEAN


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 Co-organised by:

UBM Asia (Thailand) Co.,Ltd.

Ms. Pacharapan Palajin, Sales Manager

Tel : 66(0) 2642 6911 Ext. 418
Fax : 66(0) 2642 6919-20, +66(0) 2642 7433
E-mail : Pacharapan.p@ubm.com , info@intermachmyanmar.com
Website :www.subconmyanmar.com
UBM Asia Ltd. (Yangon Office)

Ms. Khin Thiri Zin

Tel : 95 1 378975 Ext.103 Fax : 95 1 378994
E-mail : Thiri.Zin@ubm.com
Website :www.subconmyanmar.com
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Subcon Myanmar