China Invests In Myanmar Power

China Invests In Myanmar Power

CHINA topped the list of foreign investors in Myanmar's power sector for
four months of the fiscal year 2016-2017, according to official figures.

China invested in five projects in the electricity sector worth US$1.3
billion, followed by Singapore with US$570 million in four projects,
according to an official of the Directorate of Investment and Company
Administration.

At present, only 3.7 million households in Myanmar can use electricity out
of 10 million in the previous fiscal year 2015-2016.

The country is inviting foreign direct investment to boost the generating of
electric power with the use of hydropower, natural gas, diesel, solar power,
other bio products and disposed fuel.

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Ref:
http://www.shanghaidaily.com/nation/China-Invests-In-Myanmar-Power/shdaily.s
html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com