"YCP Solidiance, an Asia-focused strategic advisory firm, recently hosted a week-long Overseas Market Workshop (OMW) visit for the Singapore Business Federation (SBF), with the aim of helping Singaporean companies in Yangon explore investments in Myanmar’s construction sector. The workshop also coincided with the visit of Singapore’s Minister of Trade & Industry Chan Chun Sing in Yangon, highlighting the importance of greater collaboration between the two countries following the recent signing of the Singapore-Myanmar Bilateral Investment Treaty . This treaty aims to promote greater investment flows between the two countries in many sectors, including construction, by protecting the interests of investors and providing greater certainty and confidence. Singapore is Myanmar’s largest foreign investor with a cumulative investment of US$22.1 billion recorded as of August 2019. Bilateral trade in goods between the two countries has increased by 10 percent and reached US$4 billion in 2018. The workshop indicated new opportunities for investment in the construction sector, following the growth rates of around 11pc in recent years. Transport infrastructure opportunities include trunk road network modernisation, expansion of interconnectivity through roadways and elevated highways, improving access to tier two and three cities via bridges and commuter rails, and alternative transport options such as water-taxi or structured bus system..."