Overview of MSMEs in Myanmar

Organization and Regulatory Framework

2

Formation of SMEs Development Central Committee, Working Committee, Agency and SME Body

3

SME’s Size Classification in Myanmar

4

MSMEs

To establish Sustainable & Developed Businesses Environment

TechnologyHumanResourceDevelopment

Financial Access

Infr

astr

uct

ure

Ass

ista

nce

Fin

anci

al

Ince

nti

ves

Effe

ctiv

enes

s

Effe

ctiv

enes

s

Supporting Strategy

Sr. No.

Enterprises Numbers of SMEs

1 Manufacturing 12,514

2 Sales 6,645

3 Service 4,394

4 Others 6,696

Total 30,249

SME Member Registration

Registered SMEs & Supporting Strategy

Online Registration

www.moismeregister.gov.mm

5

Challenges through Interviewing MSMEs and site survey

• Difficulties in accessing finance

• Weakness in accessing advance technology

• Limited access to domestic and foreign markets

• Low Technical skills

• Difficulties in accessing information in a timely manner

• Poor corporate governance

• Inadequate business development services

• Lack of appropriate taxation and incentives

• Unequal business playing field

• Incomplete infrastructures

• Weakness in growth of conducive business environment

“ human resources bottleneck” “Human resources have low

skills, low motivation, are not well trained and, if they are good, then they are difficult to find”“Payment solutions are not at a level with international practices, leading to inefficiencies, difficulty paying and receiving payments, and poor cash-flow forecasting capacity”

6

Biggest Obstacles Top 5

by World Bank Group Data Survey (2016)

7

MSME Master Plan (2020-2030) (Draft)Focus Areas contributing to development of Myanmar’s

MSME Sector

• FA 1 Access to Finance

• FA 2 Business Support

• FA 3 Regulatory Framework

• FA 4 Market Access and Internationalization

• FA 5 Human Capital

• FA 6 Infrastructure

• FA 7 Research development, Technology and Innovation

• FA 8 Social and Environmental MSMEs

8

9

Training on Women’s Entrepreneurship (12.11.2018) Yangon Export from Mango Project

Solar Dryer for Tea leave DryingOn Job Training

Some Project Record Pictures