11 April 2014
Business International
Monitor said Thursday that Cambodia, Laos and Myanmar were expected to
outperform their regional peers in terms of real economic growth in the longer
term.
In a statement, the
London-based firm said the three countries would offer "substantial
opportunities for investors over the coming decade, as their economies grow
rapidly and become more integrated with the world economy.
With corporates and
investors increasingly looking to fast-growing frontier markets for growth,
they will present promising opportunities across a wide array of sectors
including mining, oil and gas, banking, textiles, tourism, and agribusiness.
The statement said the
firm's recently-published report on Cambodia, Laos and Mynamar "addresses
the long-term economic outlooks for these three countries, which we expect will
outperform their regional peers in terms of real GDP growth." The report
also considers the political trajectory of the three countries adding that
one-party rule was "often positive for political continuity and policy
certainty. At the same time, however, it "raises questions over the
inclusiveness of the political process, as well as the risks to foreign
investors of political upheaval."
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