Yangon Switches On

YANGON — On the industrial outskirts of Yangon, a rusted chimney exhales wisps of white smoke as a three-decade-old gas-fired power station chunters on. Just meters away on the same compound in Thaketa Township, a low mumble, but nothing in the way of visible emissions, is coming from a row of 16 boxed-up gas-fueled engines—Austrian-produced […]

World Bank signals $2b injection

The World Bank plans to invest US$2 billion on projects called ‘multi-year programs’ that to improve access to energy and health care for poor people and support other key development priorities, World Bank president Jim Yong Kim announced on January 26 during his visit to Yangon. “Our $2b multi-year program will support the government’s plans […]