Better infrastructure, reforms key for growth opportunities in frontier markets

Better infrastructure, reforms key for growth opportunities in frontier markets

Mandalay, Myanmar

While frontier markets in Southeast Asia provide growth potential and opportunities to investors, there is a need to build better infrastructure in these markets to support such growth, according to panelists at DealStreetAsia’s Asia PE-VC Summit 2020.

The outbreak of COVID-19 has accelerated the pace of digitalisation across the globe including the frontier markets in Southeast Asia as lockdowns and stay home orders supported the digital economy.

For Myanmar, one of the frontier markets in the spotlight, the country’s high mobile penetration, adoption of digital services provide opportunities for investors.

“There is a need to invest in logistics and to look into the interoperability of [various online] platforms, the interoperability of banking platforms,”  Yangon-based advisory firm YGA Capital Ltd managing director Thura Ko said.

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