MYANMAR PAINT MARKET GROWS DESPITE CONSTRUCTION SLOWDOWN
October 1st, 2016
A slowdown in liberalising Myanmar's construction industry so far this year has not soured the positive outlook of paints and coatings companies on this emerging market's potential, according to industry experts.
Few new construction projects have come online in 2016, as the market works to digest the surplus of units begun during a boom following the 2011 transition to civilian rule, which was finally completed in March (2016).
A months-long freeze on high-rises in the country's commercial capital of Yangon has also contributed to a recently lacklustre ...
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