 Despite current currency problems, Burmese economy is expected to grow by about 8.8% in 2011.After the completion of 58-billion dollar Dawei deep seaport, Burma is expected be at the hub of trade connecting Southeast Asia and the South China Sea, via the Andaman Sea, to the Indian Ocean receiving goods from countries in the Middle East, Europe and Africa, and spurring growth in the ASEAN region.In 2012, the Asian Development Bank formally began re-engaging with the country, to finance infrastructure and development projects in the country.