Proceedings of ICLT 2018
LOGISTICS SITUATION IN MYANMAR
Thomas E. Fernandez; Sone Pyae Toe
University of the Thai Chamber of Commerce, International College, Bangkok, Thailand; University of the Thai Chamber of Commerce, International College, Bangkok, Thailand
International Conference on Logistics & Transport 2018, Okinawa, Japan, pp. 127-133
Paper overview
The Republic of the Union of Myanmar, commonly called Myanmar, is a country in South-East Asia formerly known as Burma (BBC, 2007). The country has a population of a little over 55 million (World Factbook, 2018), which is expected to grow to at least 57.8 million (Karasawa, 2018) or even 73.9 million by 2030 (Shibata, 2014). Myanmar is bordering India, Bangladesh, Thailand, Laos and China. It started transitioning from a military government to democracy in 2011 and has seen sanctions by the US and other countries lifted in 2016 (World Factbook, 2018). The lifting of sanctions has allowed foreign companies to engage in business with Myanma companies and also to invest in the country (figure 1). This led to economic growth (figure 2), and growth in turn leads to an increase in cargo movements and logistics requirements. Myanmar inbound FDI (million US$) 30000 26357 25000 18844 20000 14444 15000 5000 2013 2014 2015 2016 2017 Figure 1: Myanmar Inbound FDI Source: Adapted from DICA (2018a) Myanmar GDP Growth 8 6.7 6.9 7.1 2015 2016 2017 2018E 2019E 2020E Figure 2: Myanmar GDP Growth Source: Adapted from World Bank (2018a) Myanmar is classified as a Least Developed Country (LDC) by the UN (2018). It has a Logistics Performance Index (LPI) of 2.3 and ranks 137 of 160 in the world (World Bank, 2018b).
Keywords
logistics; transport; supply chain
Citation
Thomas E. Fernandez; Sone Pyae Toe (2018). LOGISTICS SITUATION IN MYANMAR. Proceedings of the International Conference on Logistics & Transport (ICLT 2018), Okinawa, Japan, pp. 127-133.