Expanding Business into Myanmar
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i am intersted in doing hospitality business in myanmar.聽 restaurant hotel resort or consulting for mentioned
appreciate any lead ad help for information on how to set up the business and which are the good locations.
i prefer beach side
I am also interested to do some investment in Myanmar, probably a design related business, such as architect firm or consultancy firm. I am going to investigate the market for two month starting from next week.It will be nice if we can keep in touch and discuss about it. I will need any lead or helps in setting up a business over there at Yangon or Mandalay.
Feel free to email, message or chat.
I am planning to go to Myanmar to explore job (as a Project Manager) & business development opportunities.聽 Would anyone please give some advices?聽 I would highly appreciate it.
Some questions as starters:
1.聽 I am a US citizen, do I need to obtain a visa to enter Myanmar? If so, where should I go?
2.聽 Is there a direct flight from Vietnam to Myanmar?
3.聽 What is the most booming city/area in Myanmar for business?
4.聽 Any special factors to be highlighted?
Many thanks
Torrance
My background is also an architect, but I have been doing Project Management for the last 14 years.
Anyway, your idea sounds great.
Thanks
terryjuly wrote:If you will not open company there ( 500.000 USD for start ) or no one will hire you to the boad of directors, you will not get visa to Myanmar for a longer period than 2 months.
I read about the 500K min to start with, but what if I join a local to create a company?聽 I am far from having that amount, but would like to start a little guesthouse myself in Burma or VN (I am a Viet Kieu).
Thank you
7waves wrote:terryjuly wrote:If you will not open company there ( 500.000 USD for start ) or no one will hire you to the boad of directors, you will not get visa to Myanmar for a longer period than 2 months.
I read about the 500K min to start with, but what if I join a local to create a company?聽 I am far from having that amount, but would like to start a little guesthouse myself in Burma or VN (I am a Viet Kieu).
Thank you
Actually the money is not important. The important is what types of business that you interest, money can collect and loan by bank. Beside that, you also can find your partner to start the business together, but first you should convince him why he need support you.
Peppy Song wrote:Hey there,
I am also interested to do some investment in Myanmar, probably a design related business, such as architect firm or consultancy firm. I am going to investigate the market for two month starting from next week.It will be nice if we can keep in touch and discuss about it. I will need any lead or helps in setting up a business over there at Yangon or Mandalay.
Feel free to email, message or chat.
terryjuly wrote:I am doing business in Myanmar from some time already, 2 companies including one hotel, if required any help, contact me through PM
Hello Boss, I am already in yangon and looking for good opportunities in Hotels as i am having almost 17 yrs experience as as Chef with international exposure. If you have any leads please do guide me.
Regards
I am coming to Myanmar next month (november).
I come there to look for a chance to do business there. May be in agricultural, woods. If anyone can help me to meet any company or suppliers in Yangon or Mandalay or have any ideal about cooperation in doing business, please feel free to contact me by email tung.nguyenquang[at]gmail.com
Thank you everyone!
I have read your forum in the explat blog. I am interested in starting a business in Myanmar. We wish to import motorcycles (in CKD or semi CKD) for the mayanmar market from India.聽 We may also set up a assembly plant. Please introduce us to your friends who can help us in our business.
thanks
Vikram Krishna
Thank you.
I am the one who wants to make more money you are looking for,...heheh
What is your an established business in Singapore?
I also getting into business in Yangon soon.
Angeline
Nice to see you here.,on expat ,.
I am also thinking to do business in Yangon.
What is your business plan?
Angeline
How are you sir?, my name is Paul im a canadian born business man who is looking for an opportunity to make a minimum 1 million USD in the next 8 to 12 months im willing to move to Burma, Cambodia or anywhere destiny will take me. Do you have any ideas?
Dear Paul,
U r either very funny guy with great sense of humor or must be very simple and honest guy.
I want to make $1 billion within next 12 months. Any ideas? Let's make lots of money!聽 LOL!
Regards,
Winston.
If u r committed, come to Myanmar n explore. A good place to start is to join British Chamber of Commerce, Euro Chamber of Commerce n etc. They organize Networking Events time to time. As well as attending various conferences n exitbitions in Naypyitaw n mostly in Yangon.
Myanmar as u know is third world country. All the poor infrastructure translate to OPPERTUNITES. Just find ur niche n go forward. If u r not familiar with Investment Law, pay foreign law firm to get facts n figures. If u r in manufacturing for any consumer goods, there are two local companies to collect data's.
Lastly, if u in trading biz n thinking of doing biz with any of the government ministry, u need money n connection. If u have either or will not succeed. This sector is tough net to crack but lots of money can b made.
I'd hope all of u will do well n best of luck.
Regards,
Winston.
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