Southeast Asian frontier markets provide immense opportunities and huge growth potential for investors but there is a need to build better infrastructure to support this growth, said panelists at DealStreetAsia’s PE-VC Summit 2020 organised in November.
“There is a need to invest in logistics and to look into the interoperability of [various online] platforms, and the interoperability of banking platforms,” said Thura Ko managing director of the Yangon-based advisory firm YGA Capital Ltd at the session titled “The Opportunity in Frontier Markets“.
Investing in underlying infrastructure is needed for the digital economy to be successful, said co-panelist Honorio Poblador IV (Nori), who is managing partner of the Philippines-based Navegar fund.
This becomes pertinent in countries like Cambodia where “the connectivity has to be there. There has to be big investment into that…to be able to allow their citizens to benefit from the opportunities,” said David Ireland who is a partner at Southeast Asia-focused private equity Navis Capital Partners.
Watch the video of their chat here: