Myanmar -- investors should be cautious but take the risk

If government pursues humanitarian agenda, foreign partners can back projects, even in Rakhine State.

20190326 Rakhine State Investment Fair.jpg

Aung San Suu Kyi told investors that "much of Rakhine's economic potential still remains untapped."

A humanitarian crisis that has been brewing at the border between Myanmar and Bangladesh since 2016 is reaching a critical point. At Cox's Bazar, just inside Bangladesh, an estimated 740,000 displaced Muslim Rohingya from Myanmar's Rakhine State are encamped in temporary shelters, hoping that the international community will take them in as refugees or facilitate their safe return to the homes they claim in Myanmar.

International pressure for a solution is growing. Bangladesh's Foreign Secretary Shahidul Haque recently told the United Nations that the strain of sheltering refugees in the border area has gone from "bad to worse." Speaking at a Security Council meeting in New York, he urged the U.N. to take "decisive" action. But what can be done?

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