Technical Assistance Facilities Report: USAID Burma Responsible Investment and Trade Activity

The Activity will support private sector firms operating in or entering the market in Myanmar to improve corporate governance, business transparency, and competitiveness. It will also promote inclusive economic growth and economic integration, responsible investment, and trade for the benefit of Myanmar citizens in non-urban areas and empower women to participate in the economy more fully. One of the Activity's objectives is to increase fair and responsible trade and private sector investment in goods and services. To achieve this objective, the Activity will contribute to the tasks focused on achieving Intermediate Result 1.1 "Increasing international investment." The Activity will assess the feasibility of a facility that would provide technical assistance to private equity and venture capital funds that are investing in Myanmar. This facility will provide technical assistance to help attract new investors to commit capital to investment managers in Myanmar. The Activity will focus on increasing the availability of technical assistance funding, which is expected to create positive development impact and attract new impact investors to Myanmar. Technical assistance facilities have been successfully utilized in countries such as Afghanistan, Somalia, and South Sudan, where they have motivated investors to commit their capital to investments in which they would otherwise not invest. The Activity will also promote the development of entrepreneurial ecosystems, support the establishment and growth of companies, and boost innovation and overall competitiveness of emerging economies like Myanmar. The Activity will support private sector firms operating in or entering the market in Myanmar to improve corporate governance, business transparency, and competitiveness. It will also promote inclusive economic growth and economic integration, responsible investment, and trade for the benefit of Myanmar citizens in non-urban areas and empower women to participate in the economy more fully. The Activity will contribute to the development of a more robust and inclusive private sector in Myanmar, which will help to promote economic growth and reduce poverty.