What is the future of Yangon?
I met someone who is young and active to start something as business in Yangon and he assume all the changes as positive challenges to opportunities. Even he has that ideas, in reality, most of the business people are facing a lot of problems to be stabled and to be growth. One of the problems is very expensive land price not only to buy but also to rent in Yangon, and the increase of land price is the fastest and biggest amount in South East Asia, which is one of the challenges for those who willing to start a business for not just local people also Foreign Direct Investment organization.
Otherwise, Some people see this as opportunity for local people. Recently, all the land are owned by local people so that at least people can have money from this, by renting them rather than selling them. It is because the Land prices are expensive once they sell it, they won't afford to buy it again. That's why, the land owner should ask for loan from Banks to have structure on his or her land to use such as office building and get rental fees to have benefit from it. That's why, some people see this as opportunity.
What do you have in your mind?
