You are invited to attend…

INTERMACH & SUBCON MYANMAR 2016 is the 4th Edition of Myanmar's Leading International Industrial Machinery and Subcontracting Exhibition. It is set to be another blockbuster. The show has established itself as a key event for entrepreneurs and is now recognized as a must-attend event for those in the manufacturing industry. The show also creates excellent opportunities to establish business partnerships with local and international exhibiting companies.

The 2016 event will again showcase the latest industrial machinery, tooling equipment, accessories and industrial parts. It has also proven to be the perfect place to link businesses and source new technologies. The exhibition further enhances Myanmar's manufacturing industry in terms of product quality and capabilities.

After considering the opportunities in Myanmar, UBM ASEAN - a world leading international industrial exhibition organizer - opened the door to this exciting market by launching INTERMACH MYANMAR in October 2016. 

The show was the country’s 1st International Industrial Manufacturing and Subcontracting Exhibition and turned out to be a great success. Over 100 international and local companies from six countries were in attendance including Thailand, Singapore, Taiwan, China, Hong Kong and Myanmar. The event showcased over 500 pieces of machinery, equipment and industrial parts in an unprecedented display never before seen in the country.

Total number of trade visitors for the three day show was over three thousand and they arrived from 13 countries: Australia, Bangladesh, India, Indonesia, Japan, Malaysia, Myanmar, Nigeria, Singapore, Sweden, Thailand, the United Kingdom and United States. From survey of attendees, the vast majority of attendees came to inspect new equipment and technology. Their recommendations would then be passed on to Chief Operating Officers for buying decisions. Nevertheless, almost 10% made actual buying decisions at the event itself – a very positive beginning that bodes well for the future of business in Myanmar. 

Industries News

Strong Start for Burma’s 2014-15 FDI

Though the United States extended its economic sanctions against Burma for another year in May, overall foreign direct investment continued to rise in the first two months of the fiscal beginning April 1, according to a senior official at the Directorate of Investment and Company Administration.

Thai Airports Management Firm (AOT) in Cooperation Scheme With Burma

AoT has signed a cooperation agreement with Burma’s Pioneer Aerodrome Services (PAS), a subsidiary of the Burmese conglomerate Asia World that manages Rangoon and Naypyidaw airports, said Bangkok-based TTR Weekly.

As of July, the Myanmar Investment Commission (MIC) will no longer be based in Nay Pyi Taw or answer to the Ministry of National Planning and Economic Development.

Thailand was the second-largest source of approved foreign investment in Myanmar, worth about $10 billion.

Several Thai business delegations visited Yangon last week looking to expand in the fast-growing economy, though some experts added further reforms in Myanmar are required to attract investment.

Myanmar's industrial hub gets autoparts maker as first tenant

The Japanese autoparts maker has reached a basic agreement to lease some 3 hectares from Myanmar Japan Thilawa Development, the developer of the industrial park. The two sides are expected to sign a memorandum of understanding as early as this week.

Myanmar received US$ 2.21 billion in foreign investment in the first four months of 2014.

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