China's One Belt One Road initiative could help secure Myanmar's momentum in the coming years, according to Colliers International.

Leaders will gather in Beijing next month to discuss the economic and strategic agenda, by which the two ends of Eurasia, as well as Africa and Oceania, are being more closely tied along two routes– one overland and one maritime.

These are the two major axes along which China proposes to economically link Europe to China through countries across Eurasia and the Indian Ocean.

The One Belt One Road initiative also links to Africa and Oceania.

Related reading: China's One Belt, One Road Initiative anchors in Myanmar

In March 2015, the People's Republic of China issued an action plan for realising this initiative.

Colliers International believes the initiative has "raised the stakes" for China in Myanmar.

Related reading: Is the Muse-Mandalay railway back on track and how does China's BRI affect Myanmar?

"For Myanmar, One Belt One Road holds the promise of much-needed connectivity and real estate development - goals realizable only if the ongoing reform agenda and policy coordination reforms continue," it said.

"If strongly taken into consideration, the country is expected to maintain a secure momentum in the coming years, on the back of further economic liberalisation, and new prospects coming up in the office, retail, hotel, serviced apartment, condominium, industrial and other real estate segments."

Sources: Colliers International, Parliament of Australia

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