However, the nation is still witnessing violent clashes with the military, there have been delays in revising the foreign investment law and new legislation that is planned is far from foreign-investor friendly, say some observers.

Myanmar’s economic growth in 2016 slowed to 6.5%, versus 7.3% one year earlier, according to World Bank estimates. The nation saw revenues slide from gas, its number one export, on the back of the lower global prices.

Foreign