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The country's abundance of hydroelectric potential stands at the forefront of investment opportunities in this sector. Although 41 percent of current electricity originates from hydroelectric plants, only one percent of hydroelectric potential is being utilized. Myanmar's natural gas deposits constitute other potentially successful investment opportunities. 
Myanmar also has a blossoming oil and natural gas industry, with the latter considered to have extremely high potential. 


In order to meet the demand and qualifications of increased economic growth and attract foreign investment, its infrastructure needs tremendous expansion and further development. Under the current five-year economic plan, roads, bridges, and rail systems have been given priority. The Road Construction Plan dictates that along with the upgrading of existing roads, 3,500 miles of new roads will be constructed. In order to facilitate this enormous undertaking, the government has considered opening up bidding for major projects under a Build-Operate-Transfer scheme. This type of joint venture will allow a private contractor to build and operate the new road as well as collect tolls for a set period of time. At the conclusion of that stipulated period, the road will then be transferred over to the government. Other investment opportunities in infrastructure include industrial estates. 

Agriculture, Fisheries, and Livestock

The potential for agriculture FDI remains strong. Currently the agricultural sector attracts less than 0.2 percent of total FDI. As only about 13 percent of the land is cultivated, opportunities in this sector abound. However, export of rice is confined to the government for the time being. Other crops such as beans and pulses, sugarcane, groundnuts, and maize retain high export potential but are still under-produced in the country. 
Myanmar's coa stline is one of the longest and cleanest in South-East Asia. The abundance of marine life has remained relatively untapped, although recent private sector activity has surged as a result of the dissolving of a government run monopoly in this sector in 1994. Livestock is another potentially lucrative, but yet untapped, market. 
With some of the most abundant and under-utilized resources, Myanmar's forests remain an import prospect for economic subsistence. The country contains about 80 percent of the world’s teak reserves and currently supplies about 90 percent of the world market. However, forestry only accounts for one percent of total GDP. Since 1994, the harvesting of and export of teak wood has remained a government monopoly, but opportunities exist for value added exports of forest products. 


Manufacturing is one of Myanmar’s the most untapped sectors. Industries that exploit comparative advantage, such as teak manufacturing and export, hydroelectric power generation, mining, foodstuff, and light industry, have excellent potential as exports. 


As in other countries, hotel and tourism sector is considered to be a lucrative earner of foreign exchange. The 199,359 visitors in the year up to March 2000 generated approximately US$34 million in foreign exchange, while foreign investment in the hotel industry, through licensed foreign investment hotels, joint-venture hotels and local private-owned hotels up to April 2000 was US$605 million. It should be noted that the arrival figures are more than doubled -to 477,962 ¬when one includes border visitors, including day visitors. 
After a large boom in the construction of hotels during the early to mid-1990s, the recent economic difficulties have left most of these hotels either half-built or severely under capacity. Further, the dismal power situation leaves many of these hotels, as well as other service industries, relying on diesel power generators that increase the cost of business by ten to 20 percent. Yet Myanmar's tourism sector is almost certain to grow as more people discover its "undiscovered" treasures and look for new and exotic vacation destinations. 
Myanmar has a relatively new insurance industry with most of the legislation and regulations coming into effect since 1993. The Myanmar Insurance Law was enacted in 1993, followed by the Insurance Business Law in 1996, and the Insurance Business Rules of 1997. As Myanmar continues to reform its economy and interact with the outside world, the insurance industry will likely be an important sector in the near future.

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