Myanmar's construction industry is projected to decline marginally by 0.6% in real terms in 2026, owing to ongoing political instability in the country, amid rising geopolitical trade tensions and internal political instability. According to the Directorate of Investment and Company Administration (DICA), Myanmar secured MMK835.8 billion ($398 million) in foreign direct investment (FDI) in the first 10 months of the financial year (FY) 2025-26 (from April 1, 2025, to March 31, 2026) which marks a sharp decline from MMK656.2 million ($222.2 million) during the same period of FY2024-25. This reflects an estimated drop in inward FDI amid ongoing geopolitical and internal political uncertainty during February and March 2026. Notably, in mid-March 2026, Ministry of Foreign Affairs stated that Myanmar was confronting challenges stemming from economic instability, geopolitical upheaval, and climate change. The ongoing US-Israel war on Iran that intensified on February 28 2026 might disrupt oil imports of Myanmar, with oil being one of the crucial product for Myanmar’s economy.
Over the remainder of the forecast period, the construction industry is expected to grow by 4.4% in real terms during 2027 to 2030, supported by investments in manufacturing, transport, and renewable energy sectors. Forecast period growth in the energy sector will be driven by Myanmar's National Electrification Master Plan, which aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030. In line with this, the government of Myanmar is also committed to completely phasing our coal by 2050. As part of these targets, the government is drafting a new 20-year energy development plan (2026-45) to further expand clean energy.
Over the remainder of the forecast period, the construction industry is expected to grow by 4.4% in real terms during 2027 to 2030, supported by investments in manufacturing, transport, and renewable energy sectors. Forecast period growth in the energy sector will be driven by Myanmar's National Electrification Master Plan, which aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030. In line with this, the government of Myanmar is also committed to completely phasing our coal by 2050. As part of these targets, the government is drafting a new 20-year energy development plan (2026-45) to further expand clean energy.
The Construction in Myanmar - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into Myanmar’s construction industry, including:
- Myanmar’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Myanmar’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Myanmar. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Myanmar, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
