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Seize Investment Opportunities in Myanmar in TOURISM AND HOSPITALITY

The Government of the Republic of the Union of Myanmar warmly invites responsible investors to seek and seize business opportunities in Myanmar to accelerate sustainable economic growth. At the moment, foreign tourists (on their first short-term visit to Myanmar) mostly visit Yangon, Bagan, Inle Lake / Nyaung Shwe as well as Mandalay. However, Myanmar has unexplored treasures of natural beauty in the whole of the country from Kawthaung in the tropical South-east to Putao in the Himalayas.

The table displays the current distribution of hotels, motels and inns/guesthouses in Myanmar and reflects the considerable under capacity of available accommodation in numerous locations outside the urban centers of Yangon and Mandalay. There is a need for both, affordable as well as high-class accommodation depending on the current demand.

TABLE: Distribution of available capacity of hotels, motels, inns/guesthouses (in FY 2016-2017)

State / Region No. of hotels, motels and inns No. of rooms
Yangon Region 363 18200
Mandalay Region 426 17784
Bago Region 58 1420
Sagaing Region 27 1098
Tanintharyi Region 36 1451
Ayeyarwaddy Region 69 2770
Magway Region 30 739
Kachin State 27 751
Kayah State 15 313
Kayin State 20 720
Chin State 5 127
Mon State 49 1577
Rakhine State 49 1538
Shan State 305 9761
TOTAL 1479 58249

Foreign investors may engage independently in hotel developments of 3-stars or higher standard, whereby local investors are encouraged also to consider opportunities in offering budget accommodation through guesthouses of international standards. For foreign entities, investments in tour companies, travel agencies, budget hotels, amusement parks and tourism-related public infrastructure projects are permitted on a joint-venture basis.

Key opportunities:

  • Exploring new high-potential investment locations in hospitality and tourism.
  • Developing eco-tourism (e.g. development of eco-tourism oriented hotels and lodges along with respective activities such as trekking routes or tours).
  • Building cultural and community-based tourism (e.g. development of shops for the sale of locally produced cultural artifacts).