Overview of MSMEs in Myanmar - Microsoft... · Overview of MSMEs in Myanmar. Organization and...
Transcript of Overview of MSMEs in Myanmar - Microsoft... · Overview of MSMEs in Myanmar. Organization and...
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Overview of MSMEs in Myanmar
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Organization and Regulatory Framework
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Formation of SMEs Development Central Committee, Working Committee, Agency and SME Body
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SME’s Size Classification in Myanmar
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MSMEs
To establish Sustainable & Developed Businesses Environment
TechnologyHumanResourceDevelopment
Financial Access
Infr
astr
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Ass
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Fin
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Ince
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Effe
ctiv
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Effe
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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
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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”
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Biggest Obstacles Top 5
by World Bank Group Data Survey (2016)
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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
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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