Logistic Corridor and Hub Development to Propel Myanmar’s Logistics Market, Anticipated 12.6% CAGR (FY’22-FY’27F) REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 1. Myanmar has benefitted as an economy from the exports that have increased during FY’17 and FY’19 For more information, request a free sample The exports in Myanmar have increased and manufactured products make up ~40% of total Myanmar exports and continue to rise, followed by agriculture crops, mineral products and marine products. Myanmar’s exports to the United States significantly increased in FY’17 because of large amounts of garments that were exported. The exports through Sea dominated in Myanmar out of the total export value. The sea was followed by Pipeline which captured around 23% of total exports. Nearly 30% of the exports was to China followed by Thailand and Japan. Garments made up of most of the total exports in Myanmar followed by minerals, Timber, Animal Products, etc. 2. Poor Infrastructure, Political Instability, Rising Fuel Prices are the major challenges in the growth of the Logistics Market in Myanmar The logistics infrastructure in Myanmar is not up to the mark with ASEAN standards and is the major reason for slow growth of the logistics sector in the past. In the World Bank Logistics Performance Index, Myanmar ranks 137 out of 160 countries. Its infrastructure score is less than 2 and logistics competence score is merely 2.28. There is a lack of diversified links in the logistics flow corridors and shortcomings of facilities such as transport hubs, truck terminals, dry ports, off-dock facilities and warehouses. The military takeover of Myanmar on 1 February FY’22 has adversely affected the logistics companies due rising fuel prices, border closures, and a shortage of shipping containers. Declaration of martial law in some Yangon townships has particularly affected the safety of garment sector employees and they considered to leave. About 90% of the drivers in Yangon halted work. Logistics companies in Myanmar have been affected by rising fuel prices, border closures, and a shortage of shipping containers after the Covid-19 outbreak. Higher fuel prices and currency liquidity shortages significantly increased the cost of inland transport services. Limited internet and telecommunications capacity in the country further exacerbate the risks facing businesses in Myanmar. 3. To overcome the shortcomings, the government is aiming to establish Myanmar as a Logistics Hub by developing SEZs, Logistics Corridor Development Strategy and National Transport Master Plan Myanmar has developed special economic zones in three areas – Dawei, Thilawa and Kyaukphyu – for international investors and multinational companies as developers and partners. In the long run, Myanmar is embarking on two poles – Yangon and Mandalay – with growth centers in most regional capitals. Establishment and upgrading the existing industries and the Special Economic Zones (SEZ) are important for Myanmar’s industrial development. The strategic development of transport nodes is essential to upgrade or to transform a transport corridor into a logistics development corridor. The corridors include the North-South Logistics Corridor between Yangon and Southern China, South-East Logistics Corridor to Thailand, Trans-Myanmar Logistics Corridor connecting Kyaukphyu in Rakhine State with Tachileik in Shan State, Myanmar-India Logistics Corridor, Main River Logistics Corridor, and Coastal Marine Logistics Corridor. The vision of the NTMP is to develop an efficient, modern, safe, and environmentally-friendly transport system in a coordinated and sustainable manner that embraces all transport modes for the benefit of the country and people of Myanmar. 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