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    MARKET UPDATE: MAJOR FOREIGN INVESTMENT POURS INTO MYANMAR'S HEALTHCARE INDUSTRY  
   
 
    Recording a growth rate of 6.3% in 2017, Myanmar is among the fastest growing economies in Southeast Asia. As Myanmar’s investment climate is expected to improve, stronger inflows of foreign direct investments are expected in 2018. One such company that has newly invested in Myanmar’s economy is Thailand top-performing health stock this year, Thonburi Healthcare Group Plc. The Group is all set to open a hospital in Yangon by June 2018, in order to boost the company’s earnings outlook. The $75 million, 200-bed facility is part of an 8-billion-baht investment plan through 2020 to expand services in the Southeast Asia region.

 
    India is also expected to bring in more foreign investment into Myanmar as it has identified the country as a key growth sector in the region, due to its proximity to Myanmar and expertise in pharmaceutical production and hospital management.

One of Asia’s last frontier markets, Myanmar has emerged as an attractive investment destination for international businesses, following a series of bold political reforms made in 2011. With public spending in its healthcare sectors increasing by 10-folds, Myanmar’s Ministry of Health & Sports is committed to strengthening the healthcare system and achieving universal health coverage. Encouraged by the country’s growing customer base, many foreign investors have turned their attention towards Myanmar’s healthcare industry.

To spearhead these developments, MEDEX 2018 – Myanmar’s No.1 International Medical and Pharmaceutical Equipment & Supply Exhibition, will provide a platform for those in the medical and pharmaceutical profession to source for equipment and supplies and get updated on the latest developments and issues. This comprehensive industry event will feature an international exhibition, and international seminar, technical seminars, and new product launches.

Expected to be the largest industry gathering in Myanmar, showcasing over 200 leading international brands, MEDEX 2018 aims to prepare Myanmar’s medical industry for the future.

Grow your company’s brand image and profile by reserving your ideal booth location today! Contact Ms. Thiri at thiri@ambtarsus.com or Mr. Darren at
darren@ambtarsus.com for more information.

 
   
 
               
       
   
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