The analyst expects the construction industry in Myanmar to have contracted by 1.4% in real terms in 2025, owing to increased construction material prices, labor shortage, supply chain disruptions, impact of the March 2025 earthquake, and the ongoing political instability caused by the 2021 military coup. Production across all sectors have been disrupted by factory closures, supply chain constraints and damage to infrastructure. Additionally, the US import tariffs along with the Western sanctions are also weighing upon the construction material prices in the country, affecting the major project timelines. Furthermore, Myanmar's foreign direct investment (FDI) has been falling since the military took power, according to the Department of Investment and Company Administration (DICA). The value of FDI fell from MMK1.8 trillion ($690 million) in the FY2024-25 (April 2024 to March 2025) to MMK642.2 billion ($248 million) in the first seven months of FY2025-26.
The construction industry in Myanmar is expected to rebound at an average annual rate of 3.8%, from 2026 to 2029.The industry’s growth over the forecast period will be driven by investments in industrial, transport, and renewable energy sectors, coupled with the rebuilding of residential and non-residential properties affected by the earthquake occurred in March 2025. Growth will also be supported by the National Electrification Master Plan (to 2030), under which, the country aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030, mostly through hydropower and natural gas. The government is also providing tax exemptions to encourage solar investments in the country. Myanmar is aiming to generate 11% (approximately 2,000MW) of country’s electricity from non-hydro renewable sources, and 17% (3,070MW) with sufficient international support, by 2030. The government of Myanmar is also drafting a new 20-year energy development plan (2026-2045) to further expand clean energy.
The construction industry in Myanmar is expected to rebound at an average annual rate of 3.8%, from 2026 to 2029.The industry’s growth over the forecast period will be driven by investments in industrial, transport, and renewable energy sectors, coupled with the rebuilding of residential and non-residential properties affected by the earthquake occurred in March 2025. Growth will also be supported by the National Electrification Master Plan (to 2030), under which, the country aims to increase the country’s electricity production capacity from approximately 6,000MW in 2024 to 12,000MW by 2030, mostly through hydropower and natural gas. The government is also providing tax exemptions to encourage solar investments in the country. Myanmar is aiming to generate 11% (approximately 2,000MW) of country’s electricity from non-hydro renewable sources, and 17% (3,070MW) with sufficient international support, by 2030. The government of Myanmar is also drafting a new 20-year energy development plan (2026-2045) to further expand clean energy.
The Construction in Myanmar - Key Trends and Opportunities to 2029 (H2 2025) 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.
Report Scope
This report provides a comprehensive analysis of the construction industry in Myanmar. It provides:
- Historical (2020-2024) and forecast (2025-2029) 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
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
