The pressing need for transport infrastructure development has been recognised by the government of Myanmar, with a total of USD21.4bn set aside for rail, road, port and air projects by 2030 under the guise of the National Transport Master Plan. We continue to believe that road’s dominance in the freight mix in Myanmar will only increase over the medium-term forecast period at the expense of both inland waterways (the second most prominent mode) and rail freight. Rail will also be impacted by a lack of reliability, as well as increasing investment attention given to road freight, both in the region and internally. Myanmar has been actively seeking to strengthen its trade ties and the country's active participation in multi-lateral trade agreements such as the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) agreement, which is likely to bode well for export-oriented manufacturing sector's longer term outlook, thus boosting the freight industry in Myanmar in the coming years, due to trade liberalisation.

Key View

SWOT

Industry Forecast

Market Overview

Cambodia Demographic Outlook Laos Demographic OutlookMyanmar Demographic Outlook 

Freight Transport & Shipping Methodology