
Check out why these Singapore firms invest in Myanmar
Myanmar's foreign direct investment jumped 40%.
According to DBS, in the past six months more Singapore companies have ventured into Myanmar to leverage on opportunities. DBS noted that foreign direct investments (FDIs) have reportedly jumped >40% to US$1.4bn in FY2013 while tourist arrivals have surged 54% to 1m.
DBS believes investors can piggyback on these proxies as they offer investors certainty of existing proven businesses and the opportunity to profit indirectly from the new Myanmar venture.
Currently, Myanmar proxies can be broadly sorted into two categories: those with presence or already in the process of initiating businesses in the country and those which are still negotiating and awaiting their chances. DBS outlined several Singapore firms which are expanding its investment opportunities in Myanmar.
Here's more from DBS:
Yoma Strategic Holdings. With close to 100% of its land bank in Yangon, Yoma is a direct proxy to Myanmar’s booming real estate sector and is well positioned to benefit from Yangon’s severe demand/supply mismatch for quality residential, office, hotel / serviced apartment properties.
Interra Resources is the largest onshore oil producer in Myanmar with two producing oil fields.
Super’s presence in Myanmar is represented by one packaging plant in Yangon, Myanmar in Myothit Seik Kan Industrial Zone, Dagon Myothit Seik Kan Township.
FNN . FNN has a 55% stake in Myanmar Brewery Limited (MBL), which was established in 1995 and has grown into a market leader, with an estimated 60-70% market share.
Ezion secured its first and only Myanmar-related contract in Feb 12.
Parkson Retail Asia has opened a new 4,000 sqm store at FMI Centre in Yangon on 11 May 2013.
Yongnam is currently bidding for two airport projects in Myanmar - expansion of Yangon International Airport and development of new Hanthawaddy International Airport.
SingTel is vying for a telecommunications license in Myanmar.
Tiong Seng has signed a non-binding Memorandum of Understanding (MOU) with Shwe Taung Development, one of the most prominent corporations in
Myanmar, to explore a possible joint venture to set up a precast plant in Myanmar.
Amara is expanding its chain of hotels to Myanmar with a proposed joint venture to develop and operate a business hotel in the Dagon Township of Yangon.
Sin Heng has formed a 50:50 JV with Starhigh Asia Pacific in Myanmar.
WE Holdings is proposing to incorporate a 50:50 JV company with H.E. Nay Win Tun, a prominent Myanmar businessman and the Chairman of the Ruby Dragon Group of companies.
ISDN has entered into a non-legally binding MOU with Tun Thwin Mining to explore joint partnerships in energy opportunities in Myanmar.