What are the situations that you would look for a local Myanmar business partner?
1) In the restricted industry* it may be mandatory for foreign investors to partner with a Myanmar citizen or enterprise in order to invest in these industries. Example would be in the area of retail, hotel, real estate agency, setting up factories to supply to the local building and construction industries, manufacturing and distribution of confectionary products for local distribution and sales, setting up a private hospitals, etc. 2) If you are a business owner and you source products from countries such as China, Thailand or Indonesia where cost have been increasing rapidly year by year – you may want to find a local manufacturing partner who can supply you with more cost competitive goods. 3) You are for example a manufacturer of products that are essential to the building and construction industries in Myanmar and would like to find a reliable distributor.
We can help you find suitable partner as we have a database of all the major companies in Myanmar and who the business owners are.