FMR's industrial zone report now available

FMR is pleased to announce the release of its 2019 Myanmar Industrial Zone Review, which is available to Myanmar Real Estate and Construction Monitor susbcribers at a 40% discount before 15 February.

Researched over three months through site visits and interviews, the report provides the first comprehensive research into an area of the Myanmar economy that holds significant future growth potential but has remained relatively opaque.

FMR looked into more than 100 active, developing and proposed industrial zone projects across Myanmar, surveying details such as size, pricing, infrastructure, occupancy and tenants. This included facilities in Yangon, Mandalay, Shan, Magway, Kayah, Kachin, Rakhine, Mon, Tanintharyi, Kayin, Bago and Sagaing, among others.

The review is an essential resource for manufacturers, investors, contractors, suppliers, lenders, developers and a range of other organisations active in the sector.

Fully up-to-date as of January 2019, it features:

  • A detailed state/region section with analysis and profiles of current and future industrial zones, plus an industrial overview by area
  • A 150-page section with profiles of 60+ existing and future zones in Myanmar, with granular detail on management, pricing, occupancy, key tenants, utilities, infrastructure, establishment date, current status and other relevant details
  • Market analysis and outlook, plus a review of the key legal and investment issues affecting industrial zones
A PDF sample pack and table of contents can be downloaded here
 
Key findings include:
 
  • Myanmar currently has over 25,000 acres of active industrial estate spanning 60 zones, though over 25% of existing stock is comprised of aging, low quality sites in areas outside of Yangon. 
  • Yangon Region is still home to the majority of Myanmar’s active industrial estate. As of December 2018, 65% of operational industrial estate is located within the region. 
  • Although industrial land prices have broadly cooled off since peaking in the mid-2010s, many of Myanmar’s industrial zones still experience significant land speculation as authorities have had little success in combating the practice. While many asking prices in Yangon’s industrial zones have fallen into the $60-$100 per m², many industrial landowners still seek exorbitant prices, sometimes over $200 per m² for lower quality industrial estate.
  • A significant proportion of pipeline industrial estate supply is part of much larger, mixed-use projects such as industrial cities and smart cities. Over 12,000 acres of industrial estate that have been proposed or are already under development are a component of mixed-use projects, with projects such as Myotha Industrial City and Pathein Industrial City beginning to move forward. 
  • Many aging industrial zones continue to face infrastructure constraints such as unreliable power and inadequate road networks, and will encounter intensifying competition from newer and better-equipped greenfield projects. Mainstay industrial zones such as Mingalardon Industrial Park and Yangon Industrial Zone, as well as the expanding Thilawa SEZ, continue to offer the best value in the region when weighing asking prices against infrastructure quality and transport connectivity. 
  • Large-scale transport infrastructure projects continue to open up new areas to potential industrial development both inside and outside of Yangon Region. The recent signing of a memorandum of understanding for the China-Myanmar Economic Corridor may expedite the development of industrial estate in central and upper Myanmar as China seeks to boost bilateral trade and investment ties. 
  • A draft Industrial Zone Law has been submitted to the Union Parliament, which Ministry of Industry officials hope will be enacted in 2019. The new legislation aims to curb land speculation and disputes, and may require industrial enterprises in residential or urban areas to relocate to industrial zones.
  • Many of the future industrial zones feature in the government's recently-launched Project Bank database, which may spur greater investor and developer interest going forward.

DISCOUNTED OFFER

The 2019 Myanmar Industrial Zone Review is priced at $1,200, but is available at a discounted rate of $720 for subscribers.
 
To order, please contact our team to obtain the coupon code for purchasing online, or to place an order for payment by cheque, transfer or cash.
 
Jordan Zele
Senior Business Development Manager 
jordan.zele@frontiermyanmar.com
+95 99 7942 0841
 
Myat Noe Han
Business Development Executive
myat.noehan@frontiermyanmar.com
+95 94 5144 4555