Myanmar: the biggest emerging market story since China

After decades of international isolation, Myanmar is finally opening up. And with its strategic location, abundance of natural resources, and a large, cheap workforce, it has plenty to offer investors, says Lars Henriksson.

About five years ago I had the fortune to take a month-long tour through Myanmar with a group of Burmese and Japanese friends. For the most part, we travelled on buses relics from Word War II that were crammed with people throughout our trip. Our fellow passengers offered us miniature wooden stools placed in the middle of the aisle to sit down on. And we stared out the window at the strange country that rushed past.

Myanmar absolutely mesmerised me. It is blessed with lush paddy fields, dramatic mountain ranges and people who seemed untouched by the modern world. We'd pass women and children with exquisite white-painted faces from thanaka cream. And almost every corner had an ancient Buddhist temple where local people asked for alms to paint or repair it. I was considering learning Burmese and staying.

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Lars is an emerging-markets expert, with many years of 'on the ground' experience hunting down profit opportunities in Asia. Lars spent ten years living in Malaysia and Thailand, seeking out strategic opportunities, before moving to London to manage the Oracle Asia Absolute Fund. In short, Lars has real knowledge of where the opportunities in Asia are.