Insufficient investor protection, a complex licensing and regulatory environment and dominance of state economic enterprises (SEEs) in key sectors of the economy have been a drag on private sector development.

And with the election expected in November 2015, which could have a significant impact on whether the international community continues to embrace Myanmar, it will not be until 2016 that potential investors are certain about the long-term future of Burmese economic policy.

It is yet to be seen if local and foreign investors are willing to take the plunge early or wait for legislative changes to reap their rewards.