|Population||53 million (2016)|
|GDP at PPP (current international dollars)||303 billion (2016)|
|GDP per capita at PPP (current international dollars)||5,732 (2016)|
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In the area of agriculture, Myanmar is coordinating with its GMS partners to increase subregional agricultural trade, while joining efforts to improve food security, address rising energy costs, and develop its production of agri-food products.
Myanmar is one of the GMS countries most vulnerable to climate change, and is working with its subregional partners to increase its climate resilience.
Myanmar has substantial energy resources that could support the expansion of commercial energy production. The government seeks to address climate change concerns by promoting the use of alternative fuels in households, promoting wider use of new and renewable energy sources, and promoting energy efficiency and conservation. Cross-border power connections with GMS neighbors are being developed for the export of hydropower.
Nearly half of Myanmar is covered in forests, and the country enjoys large freshwater and marine resources. The country is a biodiversity hotspot with more than 1,000 bird species and 7,000 different types of plants. Myanmar is working to increase forest protection, and coordinate with its GMS partners on subregional initiatives involving the environment.
In the area of human resource development, Myanmar is working to improve access to education in border areas with vocational training schools, including those specifically serving women. The country is also working with its GMS partners on social protection for children, anti-trafficking initiatives, control of malaria and other communicable diseases, and safe labor migration. Increasing the accessibility to both basic and higher education is a national government goal, as is greater information exchange with GMS partner countries.
Myanmar is modernizing and improving its telecommunications and information communications technology systems. This includes programs for improving international exchange links, and developing rural communications systems. The Government is working to reduce the digital divide and to establish connectivity nationwide.
Myanmar is promoting tourism that generates foreign exchange, creates jobs, and contributes to poverty reduction. The country’s attractions include the iconic Shwedagon Pagoda and Bagan, known as the land of a thousand pagodas. Inlay Lake and Mandalay are also important attractions for visitors. Myanmar cooperates in subregional tourism working groups that facilitate the sharing of expertise with GMS neighbors. Myanmar’s private sector is undergoing dramatic changes. Studies are underway to examine how best to support the development of trade and investment in order to spread its benefits to the poor and vulnerable.
Regulatory reforms that promote private sector investment are being undertaken, and investments are being considered in agriculture, tourism, manufacturing and other sectors. Myanmar is seeking to expand its trade with GMS partners. Myanmar is an important GMS transport link to South Asia.
The government has recognized the importance of improving its domestic transport network, including roads that connect to the subregional corridors. The country also has an extensive rail network, an important deep water port, and a domestic river transport network.
BANGKOK, THAILAND (15 October 2017) – The Asian Development Bank and the Neighbouring Countries Economic Development Cooperation Agency, a Thai development agency, have signed a partnership arrangement to carry out joint cooperation programs at national and regional levels.
NAY PI TAW, MYANMAR (10 September 2015) – Ministers attending the 20th Greater Mekong Subregion (GMS) Ministerial Conference called for the mobilization of additional funding to fully implement a $30 billion pipeline of investment and technical assistance projects that will drive growth and infrastructure development in the subregion.
The Greater Mekong Subregion Transport and Trade Facilitation Action Program (TTF-AP) is an integrated program of advisory support and capacity building focused on enhancing cross-border transport and trade in the subregion.
NAY PYI TAW, MYANMAR (8 September 2015) – Ministers and senior officials from the Greater Mekong Subregion and the Asian Development Bank will gather this week for the 20th GMS Ministerial Conference to explore ways to boost infrastructure investment and development.
YANGON, MYANMAR (27 July 2015) – The Asian Development Bank is supporting the Myanmar Customs Department in developing its Authorized Economic Operators scheme, a new system that will simplify and expedite the release of imported and exported goods.
Strategic environmental assessments may be used to compare different energy scenarios, and a more sustainable power plan can be developed by incorporating the wider impacts considered during the assessment process.
Sustainable development encompasses environment, social, and economic dimensions and a wide range of possible indicators could measure the changes in the degree of protection against danger, damage, or loss.
Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.
Renewable energy is a challenge, but also an opportunity for new industries, employment, and new ways to reduce dependency on fuel imports, provide electricity to poor remote areas, reduce air pollution, and provide a healthier environment.
Investments in renewable energy and energy efficiency generate benefits to society as a whole that cannot be fully reflected in investment returns, leading thereby to underinvestment by the private sector.