If you are an employer and are interested in hiring in Myanmar, this information on the top skills in Myanmar should be helpful.
Myanmar's economy is slowly reviving, thanks to a high literacy rate and adequate education systems. The majority of the country's businesses are in the construction, renewable energy, tourism, and catering industries. According to recent World Bank reports, SMEs, or small and medium-sized enterprises, account for 80% of job opportunities in Myanmar.
Here are some of the top or hottest industries expected to hit the market hard shortly.
Myanmar produces 6 million crude oil barrels per year, as well as 700 billion cubic feet of natural gas from offshore drilling. The oil and gas industry employs a large number of people from Myanmar as well as other countries. The sector also generates a significant amount of FDI, or Foreign Direct Investment, which contributes to the country's GDP growth.
Sales and Business Development
Myanmar's economy is now the fastest growing in Southeast Asia. The majority of Myanmar's FMCG companies are expanding their operations in both rural and urban areas. Sales and related jobs such as customer service and communication are becoming an ideal source of income for the majority of Yangon's and neighboring cities' median population.
Myanmar's government is working hard to build strong infrastructure that will help the government attract and support multinational corporations. The government also intends to establish special economic zones, which will increase the demand for civil engineers.
Marketing and Designing
With the majority of the country's population being young, social media is becoming an extremely popular sector for young people to find various job opportunities. The majority of advertising needs in the country are met by physical events, but digital marketing is quickly gaining traction.
IT Support and Software Development
IT technicians are the backbone of modern businesses, as most small and medium-sized businesses want to expand globally. IT technicians are expected to find a variety of job opportunities throughout the country.
It is the only field in which the country has excelled in comparison to its neighbors. Myanmar has a high literacy rate of 89.9%, which will help it become a developed country in the future. One of the major issues for the government is that the majority of the country's well-educated youth migrate to foreign countries in search of better jobs and pay scales, leaving unskilled labor behind.
Healthcare in Myanmar is relatively expensive, and it is primarily concentrated in cities. One of the government's major challenges has been the development of rural health care. It assures citizens that rural hospitals will be upgraded with modernized technologies and equipment in the near future.