AHK Myanmar

Welcome

The Delegation of German Industry and Commerce in Myanmar is the official representation of German business in Myanmar. more

Sourcing Desk

Find your new supplier in Myanmar with us. more

Market Entry

The Delegation is your most important partner in this new market. more

Infrastructure and Logistics

Sitting between China and India, Myanmar offers a unique geo-strategic location and vast investment opportunities. more

Economic Development

Catching up at fast pace in a competitive environment. more

Green Energy Solutions

We support renewable energies as alternatives to conventional sources of power supply and the creation of Myanmar-German partnership project activities. [more]

Events

06.09.2017 - ASEAN Region

Projektkalender ASEAN

Übersicht Projekte in der ASEAN-Region 2017 (2. Halbjahr) & Vorschau 2018

20.10.2017 - Rose Garden Hotel Yangon

Oktoberfest Yangon

For further information please click here. [more]

23.10.2017 - Yangon

AHK Business Trip (for German companies)

"Photovoltaik in Myanmar: Geschäftspotentiale für Early Birds" [more]

03.11.2017 - Crown Perth

Asia-Pacific Regional Conference

Future opportunities for business, trade and investment [more]

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News

1st Myanmar German Renewable Energies Symposium
On 23 October 2017, the Delegation of German Industry and Commerce in Myanmar (AHK) jointly with the German Federal Ministry for Economic Affairs and Energy, and with support from the German Development Cooperation, will proudly host the 1st Myanmar-German Renewable Energies Symposium at Rose Garden Hotel, Yangon.

The Symposium will be dedicated to Opportunities and Challenges in the solar power industry in Myanmar. The symposium will target decision makers from the private and public sector and is an invitation-only and free-of-charge event.

Myanmar’s photovoltaics sector is still in early stages, but exhibits strong potential to substantially help to contribute closing the electricity gap by 2030.

Requirements to close the electricity gap in Myanmar by 2030, strengthening the national grid’s reliability and financial and technical support for the renewable energy sector in Myanmar will be the leading topics during the conference

Presentations will be available for download on the AHK webpage after the conference is concluded.


Myanmar to increase daily minimum wage in 2018
Every two years, the Ministry of Labor, Immigration and Population submits an updated daily minimum wage to the Union government for approval. This has to be done until January 2018.The Federation of Trade Unions Myanmar is currently lobbying for a 60 per cent increase from now $2.5 to $4.

more information


Relocating the electrical grid in Yangon
The commercial capital's electrical grid will move underground over the next years. Currently there is a confusing jungle of aboveground electric wires which raises reliability and security concerns.

more information


Agricultural machinery imports to be granted tax exemption                Importing agricultural machinery gets easier: from October onwards, the Myanmar Customs Department abolishes import taxes for farm machinery (not including spare parts).

more information


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Our services

  • Market information
    We collect information according to your requirements including background on framework conditions for trade and investment as well as market analysis for specific sectors and industries.
  • Market entry and development support
    We support with practical issues of setting up business, including communication with local partners, and provide contacts to knowledgeable service providers.
  • Business missions
    We organize and support incoming business missions with the coordination of a targeted program and logistical arrangements.

Exhibitions in Myanmar

Building & Construction Myanmar 2017, 12 - 14 October 2017, www.buildingmyanmar.com/bldg/2017/en/index.asp


Mining Myanmar 2017, 12 - 14 October, www.miningmyanmar.com/mining/2017/en/index.asp


Dental Myanmar 2017, 18 - 20 October, www.dentalmyanmar.com


LabMyanmar 2017, 18 - 20 October, labmyanmar.com


Manufacturing Myanmar 2017, 20 - 22 October, www.manufacturingmyanmar.com


MyanLab 2017, 23 - 25 November, www.myanlab.com


Key figures

Economic data

GDP growth (est. 2017)

7.5%, GDP: 72 billion USD

Population (2017)

53 million people

FDI inflow (2016)

2.19 billion USD

Exports goods (2016)

11 billion USD; China, Thailand, India

Imports goods (2016)

16 billion USD; China, Singapore, Thailand

Exports services (2015)

3.86 billion USD

Imports services (2015)

2.44 billion USD

Current account balance

-6.6%

Exports to Germany goods (2016)

172.4 million USD; apparel, footwear

Imports from Germany goods (2016)

76.8 billion USD; machinery, vehicles

Inflation rate

6.9%

Central Bank interest rate

10%

Lending/ deposit rate

13% lending, 8% deposit

Exchange rate (Sept. 2017)

1 EUR = 1,610 MMK