Powering Ahead: Challenges for Myanmar
The Asian Lawyer
Myanmar’s future economic growth will largely depend on the ability of its Government and power infrastructure to keep pace with its plans for rapid economic development. However, the harsh reality is that about 94% of Myanmar’s rural population does not have access to electricity and a substantial level of foreign investment is required to upgrade the nation’s existing power infrastructure. As the Government’s finances are overstretched, international project finance will play a vital role as a source of funding for the power sector.