Energy is starting to attract more investments. Electricity consumption in Myanmar is expected to reach 8,600 MW by 2025 and 12,600 MW by 2030. The government is also planning to achieve 100% electrification rate by 2030. Yet, electricity infrastructure in the country is still not fully developed, providing numerous opportunities for investments.
Investors with plans to invest in the local manufacturing sector should also consider chemical industries, particularly pharmaceutical and plastic articles, based on the growing trend in the local and regional demand. Moreover, Myanmar's Industrial Plan prioritises advanced technical-based industries, including chemicals manufacturing industry.
Our team at Market Research Myanmar provides chemical and energy advisory services across various areas in the Myanmar's market such as petrochem and agrochemicals, development of chemical 4.0, as well as sustainability and circular economy. Our highly expert consultants will help you to face challenges in the market and guide you to create the best strategy for market entry.