Opportunities and Challenges of the Myanmar's Cons

Difficulties in obtaining administrative documents for legal or regulatory purposes from authorities concerned

Unfamiliar with the legal framework of Myanmar

Problems faced due to economic sanctions imposed on Myanmar

Issues arising from exchange rates between Myanmar Kyats to other currencies

Communication difficulties and cultural differences

Other

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Part 1: Company Information Some of the following questions allow for multiple answers. Nature of service provided by your company. Civil Engineering Design/ Consultancy services Architectural Design/ Consultancy Services Construction Services Earthwork and Foundation Environmental Engineering Services Mechanical and Electrical services Other Ownership of the company. Government affiliated Local Public listed firm Proprietorship Local Private Company Overseas Multi-National Corporation Other Is your company undertaking any overseas project or undertook any overseas projects? Yes No Part 2: Companies that have ventured overseas Some of the following questions allow for multiple answers. What is the BCA registry grade of your company? A1 A2 B1 B2 C1 C2 C3 Not Applicable In which country/countries has/have your company undertaken projects in? China India Myanmar Thailand Vietnam Malaysia Middle East Indonesia Africa North America South America Europe Other What mode of entry/entries has/have your company chosen to enter into the foreign market? Joint venture Wholly owned subsidiary Merger/ Acquisition Other What are the reasons for venturing overseas? Singapore’s construction market is saturated Better profit margins in projects undertook overseas Diversifying company portfolio Building a client base Better opportunities available overseas Other Please rank the factors below in order of importance, the qualities your company looks for in the country before undertaking the project. (From 1 being the most important to 4 being the least important) stability and transparency of the government stability of the economy Building laws and regulations in the country Cost of labour, materials Has your company ventured in or is venturing into Myanmar? Yes No Part 3: Companies that have ventured into Myanmar Some of the following questions allow for multiple answers. Which sector/s is/are your company building the infrastructure for? Real Estates and Public Housing Manufacturing Industry Agricultural Sector Natural Gas & Oil Sector Commercial Sector Retail Sector Tourism Industry Government Infrastructure Transportation Infrastructure Other What are the factors that led your company to venture into Myanmar’s construction market? Plentiful opportunities in Myanmar construction market Low production cost Less competition Higher profit margin Assistance from the Singapore Government Other What are the challenges that you faced when undertaking construction projects in Myanmar? Difficulties in obtaining administrative documents for legal or regulatory purposes from authorities concerned Unfamiliar with the legal framework of Myanmar Problems faced due to economic sanctions imposed on Myanmar Issues arising from exchange rates between Myanmar Kyats to other currencies Communication difficulties and cultural differences Other What are the solutions to the problems your company faced while undertaking construction projects in Myanmar? Expediting processes through contacts with relevant Myanmar authorities Contract agreements on issues such as currency of payment Assistance from Singapore Government Other What are the areas your company have that provides an edge over local Myanmar Engineering Firms? Has a higher level of technical expertise in construction More experience in site management More experience in structural design Better contacts with clients who wish to invest in Myanmar Able to bid for projects at a lower price than local Myanmar companies Able to guarantee a better quality product than local Myanmar companies Other In your opinion, which sectors in Myanmar have the most potential in development? Real Estates and Public Housing Manufacturing Industry Agricultural Sector Natural Gas & Oil Sector Commercial Sector Retail Sector Tourism Industry Government Infrastructures Transportation Infrastructures Other Do you feel that Singapore agencies like BCA provide sufficient information and facilitation for local companies to venture into Myanmar? Yes No Do you think that Myanmar is a favorable destination for local Engineering Firms to venture into? Yes No Please elaborate Part 4: Companies that have not ventured into Myanmar Some of the following questions allow for multiple answers. What is the BCA registry grade of your company? A1 A2 B1 B2 C1 C2 C3 Not Applicable Do you think that Myanmar is a favorable destination for local engineering firms to venture into? Yes No Please elaborate What are the factors that led your company to have reservations in venturing into Myanmar? Sufficient projects in Singapore or other countries at the moment Lack contacts to establish a footing in Myanmar Venture is considered too risky Unfamiliar with the legal system and practices in Myanmar Political turmoil Unstable economy There are other countries that provide better opportunities at the moment Other What factors will encourage your company to venture into Myanmar? Government assistance and support to venture into Myanmar Opportunities presented to take up projects in Myanmar Saturation of market in Singapore and other countries Stabilization of the political situation in Myanmar Other Do you feel that Singapore agencies like BCA provide sufficient information and facilitation for local companies to venture into Myanmar? Yes No