As one of the least developed countries in Asia, Burma has market opportunities in nearly every sector, including: infrastructure, transportation, telecommunications, tourism, hotels, agriculture, natural resources, professional services, and labor-intensive manufacturing. U.S. firms specializing in construction equipment, resource extraction, refining facilities, power generation, renewable energy, processed foods, tires, chemicals, computers, textiles, garments, fertilizer, and medical equipment will find export potential in Burma.
The immediate consumer market for U.S. products is thus somewhat limited. As incomes rise, however, demand for U.S. consumer goods is expected to grow significantly. The most optimistic estimates project a quadrupling of Burma’s GDP by 2030, during which the urban population is expected to double. Such dramatic growth is far from assured and assumes significant investment in upgrading the country’s infrastructure.
