Foreign investment up by US$ 2 billion in first three months of 2014

Myanmar’s foreign direct investment increases by US$2 billion, of which $300 million goes to commodity production sector, in the first three months of this year. At the last year’s ending, foreign investment amounted to more than $44 billion. It rose to Bt$46 billion for this year’s first quarters, ending March 31. Investment funds have been […]

U.S. Company to Develop 100-MW Gas-Fired Power Plant in Myanmar

APR Energy PLC has won a contract to build a 100-megawatt power plant in Myanmar, becoming the latest American company to join a small contingent that is plugging into Myanmar’s potentially lucrative energy sector. “This is a substantial investment,” said Clive Turton, APR Energy’s head of business development across Asia Pacific, declining to specify how […]