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

18.04.2018 - Berlin, Germany

3. Deutsch-Asiatischer Wirtschaftsdialog

Der Deutsch-Asiatische Wirtschaftsdialog baut Brücken zwischen deutschem und asiatischem Know-how und fördert den gegenseitigen Austausch und eine... [more]

10.05.2018 - Yangon, Myanmar

German Asparagus Dinner

Save the date to enjoy an evening of German Delicacy, White Asparagus Dinner. [more]

17.05.2018 - Berlin, Germany

Eigenversorgung mit Erneuerbaren Energien für Industrie und Gewerbe - Fokus auf Solar- und Bioenergie

Am 17. Mai 2018 organisiert die RENAC AG eine Informationsveranstaltung zu Eigenversorgung mit Erneuerbaren Energien für Industrie und Gewerbe - ... [more]

Exhibitions in Myanmar

26.06.2018 - Yangon

Myanmar Banking & Finance Conference

The 5th edition of the conference is the place where people, innovation technologies and best practices converge to define the future.

08.11.2018 - Rose Garden Hotel, Yangon

Agro Myanmar 2018

The 5th International Exhibition & Conference on agricultural Fertilizer, Chemicals and Machinery in Myanmar 2018

14.12.2018 - Rose Garden Hotel, Yangon

Myanmar Phar-Med Expo 2018

The 6th International Exhibition on Pharmaceutical and Medical Industry in Myanmar

14.12.2018 - Rose Garden Hotel, Yangon

Myanmar Lab Expo 2018

The 6th International Exhibition & Conference on diagnostic, laboratory, analytical, biotechnology and scientific Instruments & Technology Industry...

News

10.04.2018

KfW signed agreement with Myanmar government

On 26th of February, KfW and the Ministry of Education signed a financing agreement for the Technical Vocational Education and Training Reform... more

10.04.2018

Myanmar has a new president

In late March, the Myanmar parliament elected U Win Myint as new president of the country. He is a longtime loyalist to Aung San Suu Kyi and is... more

10.04.2018

Union Tax Law approved without tax amnesty clause

The Myanmar Parliament has approved the Union Tax Law for 2018 with several changes including a decrease of commercial tax for cars from 20% to 10%.... more

For daily news updates please find and like us on facebook!


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.
  • Organization of individual business visits                                                    We organize tailor made visiting programs including a comprehensive briefing.
  • Business missions                                                                                            We organize and support incoming business missions with the coordination of a targeted program and logistical arrangements.

 

 

Government support for German exhibitors at the Construction, Power & Mining Myanmar 2018

The Federal Republic of Germany supports the participation of German companies at the next Construction, Power & Mining Myanmar.

This exhibition will be the largest 3-in-1 industry event of its kind in Myanmar this year. It will take place from 11 to 13 October 2018 at the brand new Yangon Convention Center (YCC).

 

Your advantages:

  • Reduced participation fee for system stand
  • Higher level of attention due to the uniform framework design “Made in Germany“
  • Presentation of your company through the website and the official flyer for the German participation
  • Organizational and technical handling as well as supervision by Messe Düsseldorf GmbH also on location
  • Use of the official information stand with Internet access and lounge with catering

Deadline for registration is May, 15th 2018.

 

Contact: Ms. Nicola Otto
OttoN(at)messe-duesseldorf.de
www.miningmyanmar.com

Key figures

Economic data

GDP growth (forecast 2018)

7.6%, GDP: 74 billion USD

Population (2017)

53 million people

FDI inflow (2016)

2.19 billion USD

total investment % of GDP (2017)

22%

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 (2017)1

-6.5% of GDP

Exports to Germany goods (2016)2

172.4 million USD; apparel, footwear

Imports from Germany goods (2016)2

76.8 million USD; machinery, vehicles

Inflation rate (forecast 2018)

6.1%

Unemployment rate3

0.8% (2015, ILO), 4% (2014, Myanmar Census)

Aggregated rate of labor underutilization

6.9% (2015, ILO)

Central Bank interest rate

10%

Lending/ deposit rate

13% lending, 8% deposit

Exchange rate (Jan. 2018)

1 EUR ≈ 1,650 MMK

1The actual deficit may be significantly lower as exports are not always recorded.

2Using mirror trade data gives significantly higher imports (155.8 million USD) and exports (358.8 million USD).

3While the census asks 3 questions about the labor force, and only one specifically about unemployment, the ILO survey asks stepwise several questions about employment, which leads, eventually, to a much lower number of unemployed. There is no significant difference in the workforce.

Sources: Trade data: UN Comtrade and UNCTAD (FDI), Economic data: WB and IMF, CB of Myanmar for interest rates