Can Bangladeshi businessmen capitalize the tourism raise in Myanmar?Myanmar, the neighboring country of Bangladesh, has been very popular tourist sport for some years now. With this development of tour sector in Myanmar, Bangladesh can also get benefits. Every year numbers of foreign tourists has been significantly increasing in Myanmar. It is noticeable that the number of Bangladeshi tourists also increasing every year.
Bangladesh is located in a good position. The government has good relations with Myanmar’s government.
Myanmar earlier was unknown, unloved, forgotten country to the outer world. It had opened its economy to overseas investors in 2010. Since then, many companies and individuals have set up businesses there. The move also helped to increase the number of foreign tourists.
From this point of view, Bangladesh can get some significant benefits in the opportunity is capitalized. If proper steps are taken, the tourists visiting Myanmar from across the world can easily come in Bangladesh. For that however the communication system with Myanmar has to be improved. Bangladesh government should take initiatives in this purpose as it would bring great opportunity for Bangladeshi tour operators. Some Bangladeshi airlines have already started Dhaka-Yangon flights. It opens a new horizon for Bangladesh because the visiting tourists in Myanmar can come in Bangladesh which would help to add some more revenue to the national economy.
Myanmar, being a country with huge natural resources, became one of the fastest growing countries of the world. Investor around the world already started coming in the country. The number will only increase in future.
In 2013, more than 2, 00,000 tourists took entry Myanmar through Yangon airport. In 2013, the total number of tourists those visited Myanmar was two million. In 2014, the number crossed three million marks. The trend suggests, it will grow even more in near future.
With huge tourist number, Myanmar government took some good initiatives already to get immense success from tourism sector. In 2012, the county initiated a mega project in which Asian Development Bank had extended financial support. The project includes developing a new international airport, several modern hotels, renovation of roads and so on. Many contemporary hotels are coming up to fulfill accommodation needs of the rising tourists. The government set up 17 hotel zones across the country including in Mandalay, Nay Pyi Taw and Yangon.
This robust development in tour sector of Myanmar opens great opportunity for Bangladeshi businessmen to gain direct access in Myanmar’s tourism sector. Earlier the better.