BUSINESS—ADB predicts 9.5% growth by 2030

The Asian Development Bank (ADB) on Thursday submitted a report highlighting the possibility of Burma reaching an annual average gross domestic product (GDP) growth of 9.5 percent by 2030. The possibility could increase the per capita income to nearly $5,000 from the current figure of $900, according to ADB’s assistant chief economist, Cyn-Young Park, who stressed that the key to achieve the predicted growth rate is by upgrading infrastructure and human capital investment in Burma.