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U Aung Khin Myint Chairman, Myanmar International Freight Forwarders Association (MIFFA) INFRASTRUCTURE CONNECTIVITY.

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Presentation on theme: "U Aung Khin Myint Chairman, Myanmar International Freight Forwarders Association (MIFFA) INFRASTRUCTURE CONNECTIVITY."— Presentation transcript:

1 U Aung Khin Myint Chairman, Myanmar International Freight Forwarders Association (MIFFA) INFRASTRUCTURE CONNECTIVITY

2 Presentation Flow Conclusion Immense Linkages to be utilized Infrastructures & Connectivity Reviewing Trade Figures of EU-ASEAN

3 For the last 3 years ASEAN trade balance is always positive ASEAN imports to the EU is inceasing marginally. what will the figures be like when CLMV countries large growth inertia kick in. Balance of Trade

4 Reviewing Trade Figures of EU-ASEAN By Product Type Agricultural Products Fuels & Mining products Chemicals Machinery & Transport Equipment Textiles & Clothing Other Products

5 Reviewing Trade Figures of EU-ASEAN Investments

6 Source: IMF (DoTS) Reviewing Trade Figures of EU-ASEAN ASEAN'S TRADE WITH MAIN PARTNERS (2009) EU TRADE WITH MAIN PARTNERS (2010) +20% of Trade is in the area of ASEANEU27 is very close as THE trade partner

7 Foreign direct investment statistics : Foreign Direct Investments in ASEAN by Host Country, Foreign Direct Investments in ASEAN by Host Country,

8 Infrastructures & Connectivity Businesses Needs New Markets New Markets are only accessible if there is sufficient WORKING infrastructures BUT what are the new Markets that needs to be connected.

9 Reviewing Myanmar Strategic Potential 54 Million India 1,173 Mil China 1,330Mil Bangladesh 156 Mil Laos 7 Mil Thailand 67 Mil Total People 2,730 Million $57.5Bln India $3,560 Bln China $8,789 Bln Bangladesh $242 Bil Laos $15 Bil Thailand $540 Bil Total GDP(ppp) US$12,559 Billion

10 Over US$ 100 Billion in 2010 Reviewing Trade Figures of ASEANs Neighbors

11 North-South Economic Corridor (1) East-West Economic Corridor Southern Economic Corridor (1) GMS Economic Corridors North-South Economic Corridor (2) Southern Economic Corridor (2)

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14 Dawei East West Economic Corridor Southern Economic Corridor

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16 Dawei East West Economic Corridor Southern Economic Corridor

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18 Steel industry will be supported by the bulk port, requiring throughput of ion ore, coal, other material, and will export its own finished products. 40 MT/Year Agriculture: Rice, sugar, corn, tapioca, other grain, etc. 5 MT/Year Coal-fired power plant: Import coal. 25MT/Year Container cargo: 3.2 million TEU/ Year, equivalent to 45 MT/Year Ton/TEU) General & Container Cargo: 50 MT/Year Liquid cargo: For Chemical and Petrochemical. 35 MT/Year SPM for crude: 36 MT/Year 18 MT/year/SPM x 2) The possibility of total throughput is quite huge, thus ITD designed the Port capacity to handle up to 200 MT/Year

19 Opportunities to the integration process of the ASEAN and the EU markets 1.Increasing trade volume 2.Easing the flow of goods 3.Create opportunity to invest in transportation infrastructure 4.Improve logistic infrastructure 5.Easily access of raw materials from sources 6.Increase advanced technologies for developing countries 7.Increase more job opportunities for people among countries 8.Lead business growth for logistic firms and economic growth for countries 9.Countries have more opportunities to establish new markets, if ASEAN and EU cooperated

20 Challenges to the integration process of the ASEAN and the EU markets 1.Handling more cargo volume 2.Transportation links between countries (air, sea, land) 3.Documentation processes of cargo transportation 4.Communication infrastructure among countries 5.Visa processes for both ASEAN and EU nationals 6.Cultural barriers 7.Various currencies among countries 8.Require adjustments in national laws and agreements, which needs cooperation between public and private sectors of two regions

21 Myanmars stratgic position for ASEAN will give the region a more prosporous linkage to the major forthcoming economic powers of the world. The EU could be ASEAN major trading partner. The EU has proven its desire to invest in ASEAN with increasing share of outbound stock. EU businesses are already established in ASEAN. Further investment by EU is needed especially in INFRASTRUCTURE to realize the potential benefits of connectivity to developing markets. Myanmar will be the hub to this connectivity and must be regarded as an ASEAN regional market. Conclusion

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