The favorable factors for investing in Myanmar are: Myanmar is rich in forest resources, and the forest coverage rate is above 50%; There are many kinds of mineral resources, and Myanmar's gems and jade are famous for their large reserves and excellent texture. There are many rivers in Myanmar, and the theoretical reserves of hydraulic resources rank first in Southeast Asian countries. Myanmar has a continental shelf of10.2 million square kilometers, so it is also rich in fishery resources, with an annual theoretical catch of more than 2.3 million tons. At present, only about 700,000 tons have been developed. The cultivated land area in Myanmar is 6.5438+0.849 million hectares, and the existing cultivated land area is 6.5438+0.232 million hectares, accounting for 66.6% of the cultivated land area. There are still many wasteland to be reclaimed. Myanmar is also rich in tourism resources, with more than 4,000 meters of alpine snow in the north, stupa forest in the middle and typical tropical scenery in the south. It is one of the few countries in the world where tourism resources are hardly polluted by industrialization.

Myanmar has abundant labor resources and high quality. The average monthly wage of Myanmar workers is about 2,000 kyats (about 10 US dollars), which is lower than that of Vietnam. 80% of Myanmar people have received secondary education or above, and 30,000 college students and more than 8,000 middle school students graduate every year. They generally know English. Besides, Myanmar is a country that believes in Hinayana Buddhism, and its people are gentle and hospitable. Foreign investors can take advantage of Myanmar's cheap labor, reduce the production cost of products and enhance the international competitiveness of products.

The government makes laws and regulations to protect foreign investment. 1988165438+10 In October, the Myanmar government promulgated the Foreign Investment Law of the Union of Myanmar, actively encouraging foreign investors to invest in Myanmar, formulating tax reduction and exemption measures, and relaxing foreign exchange management. The investment law not only protects the rights and interests of foreign investors, but also eliminates their doubts. Myanmar's economy shows a rapid growth momentum. 1988 ~ 199 1 year, Myanmar's GDP grew at an average annual rate of 6.2%, 1992 ~ 1996 increased by 8.3%, reaching 9.8% in 2003. Domestic public opinion generally believes that as long as Myanmar adheres to political and economic reforms, its economic development prospects will be better and better.