YANGON -- As a democratizing Myanmar opens itself to the world, foreign capital is starting to flood in, rapidly transforming the long-stagnant of economy of "Asia's last frontier."
The country's eye-watering growth potential is fueling intense competition among foreign companies. Contractors are hungry for a slice of the massive infrastructure market, estimated to top $129 billion. Manufacturers are pouring in to capitalize on the vast pool of inexpensive, high-quality labor. Retailers are rubbing their hands at the expanding number of middle-income consumers.