Myanmar could be ‘the next Austria’

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Myanmar President Thein Sein greets Austrian President Heinz Fischer

A senior official in the Myanmar government has said that Myanmar “could be the next Austria” – at least in a geographical sense.

“Austria, smacked in the middle of Europe, is the sort of corridor to the East, West, South and North. I think we can do the same thing, that we can be the next Austria, linking India and China,” Aung Tun Thet, a member of President Thein Sein’s National Economic and Social Advisory Council, said on May 31 on business news channel CNBC.

Aung Tun Thet, who is also a senior advisor to the UN Resident Coordinator’s Office, added that Myanmar’s strategic location between the region’s two economic powerhouses of India and China “presents a huge opportunity for the transport and logistics sector.”

However, the similarities between Myanmar and Austria are ending here. Below a comparison:

Table Austria

 

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Reading Time: 1 minute

Myanmar President Thein Sein greets Austrian President Heinz Fischer

A senior official in the Myanmar government has said that Myanmar “could be the next Austria” – at least in a geographical sense.

Reading Time: 1 minute

austrian-president-fischer-and-myanmar-president-thein-sein
Myanmar President Thein Sein greets Austrian President Heinz Fischer

A senior official in the Myanmar government has said that Myanmar “could be the next Austria” – at least in a geographical sense.

“Austria, smacked in the middle of Europe, is the sort of corridor to the East, West, South and North. I think we can do the same thing, that we can be the next Austria, linking India and China,” Aung Tun Thet, a member of President Thein Sein’s National Economic and Social Advisory Council, said on May 31 on business news channel CNBC.

Aung Tun Thet, who is also a senior advisor to the UN Resident Coordinator’s Office, added that Myanmar’s strategic location between the region’s two economic powerhouses of India and China “presents a huge opportunity for the transport and logistics sector.”

However, the similarities between Myanmar and Austria are ending here. Below a comparison:

Table Austria

 

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