Buildings go up in Yangon, where infrastructure is unable to keep up with breakneck development.
By Charlotte So
Deficiencies in infrastructure are holding back progress in realising the country’s huge potential, but they’re also golden opportunities
Myanmar’s backward infrastructure threatens to create a bottleneck, holding back the country’s rapid development. But for Hong Kong companies fresh from helping transform mainland China over the past 30 years, it adds up to opportunity.
The 320-kilometre bus ride from the commercial centre of Yangon to Naypyidaw, the new capital carved out of the jungle by the junta in the past decade, takes 6-1/2 hours. But traffic jams are not to blame for the slow pace. On the contrary, traffic is only seen occasionally on the main route between the old and new capitals. Rather, substandard construction techniques are to blame for the slow, sometimes bumpy ride. More…
