Myanmar COVID-19 Industrial Sector Brief

Tractus Myanmar worked with Slade Property Services to assess the Industrial Real Estate market in Myanmar in the wake of COVID-19, factory closures, and new legislation. This article contextualizes the impacts of COVID-19 by exploring the industrial market prior to the pandemic, before explaining which sectors have been more gravely affected by the crisis. We describe the government response and the role that state-owned factories have played during the pandemic. The article then takes a look at the new Industrial Zone Law that was released last week and has the potential to encourage future FDI. Finally, we conclude by exploring the future outlook of industry in Myanmar, once the COVID-19 threat has subsided.