Tourism in Burma 2016Burma Tourism 2016
Myanmar's tourist sector will grow quickly | Myanmar 2016
Increasing market recognition, coupled with investment in the country's infrastructures, will boost Myanmar's tourist industries this year and beyond, with a peak prediction for 2016. At the end of March, the Ministry of Hotels and Tourism forecasted 6 million passengers arriving in 2016, an increase of 25% over last year's 4. 68 million and well above the 2010 level of 800,000.
Although last year's arrival figures lagged behind the Ministry's 5 million forecasts, civil servants and industrial lobbyists have named greater industrial expansion for 2016 as a result of enhanced policy and macroeconomic stabilization. The Asian Development Bank (ADB) recently published a report on Myanmar that it has become an important engine of the country's economies.
Corresponding to the bank's return, travel income rose by 19% last year as incoming commerce rose and amounted to $2. 1-bn or more than 4% of GDP. ÿNo... This year, the EIB anticipates that Myanmar's main economic drivers will be travel, commodity export and building. Expanding in these industries will help to increase the forecast 8.4% increase in gross domestic product in 2016 and 8.
For the World Travel and Tourism Council (WTTC), the future is even more optimistic for the travel trade in the near to midterm. In the next 10 years, Myanmar's tourist industries will be ranked second out of 184 nations for long-term economic development and fifteenth in the world. The WTTC forecasts in its 2016 guidance that the sector's overall contributions to Myanmar's GDP - which include direct outlays - will rise by 5.9% this year and by a further 7.
As a result, the sector's share of total gross domestic product is expected to increase to 6.5%, while tourist jobs will increase by 66% to 2.1 million between 2015 and 2026. As Myanmar's opening up to foreign countries and the country's wide range of tourist attractions have spurred the arrival of Myanmar, its fast pace of expansion could outstrip the expansion of its relief facilities, says U Aung Myo Min Din, president of the Adventure Myanmar Group tourist services group.
Increasing demands have led to a strong rise in the number of airline companies operating internationally. 24 non-German companies are now serving domestic flights, up from 13 in 2012. Additional capacities will be added by the end of this year as more flights are planned and companies such as HK Express and Thai Lion Air are preparing to start flights to Myanmar in the next few of these.
This inflow should also place a greater burden on the current state of the airport-infrastructure. Public agencies are already on the move to enhance airfield services to meet growing demands, with work underway to increase Yangon International Airport's passenger capacities from 2. 7m to 8m by 2019. Yangon International is not the only one working on finding room for expansion.
In some areas, zone legislation also restricts accessibility to urban areas, while in others, this has driven up-pricing. By expanding the international airports, which are generally seen as a medium-term answer to the growing number of tourists in Myanmar, the Chinese authorities are following further trends.
At the end of January a master contract was concluded between the Department of Civil Aviation and a syndicate of the Japanese JGC Corporation, Yongnam Holdings and Changi Airports International for the development of Hanthawaddy International airport, which will be 80 km northeast of Yangon. Completion in 2022 will give the new USD 1.5 billion terminal a double annual check-in capability over the modernized Yangon International airport.