GE to Assist Gov’t with Energy Infrastructure

Deputy Minister for Electric Power U Maw Thar Htwe said that US-based power solutions giant General Electric (GE) is helping Myanmar develop its energy infrastructure and improve the country’s electricity woes.

Experts have expressed concern Myanmar’s power infrastructure is struggling to keep pace with the country’s fast-paced economic development.

Currently, Myanmar’s electricity sector is unable to generate enough power to meet national demand, with about 70 percent of the country getting no electricity, according to ADB estimates.

“On June 17, we received GE’s assessment and we are preparing to work with the company to support the country’s current electrical improvement plans,” the minister said.

The company’s evaluation provided a roadmap on procedures to help Myanmar overcome their power infrastructure and supply shortcomings.

Stuart Dean, GE’s ASEAN regional CEO, said his company’s assessment is designed to assist the government in implementing proposed generation, distribution and rural electrification reforms.

GE has held discussions with Myanmar engineers regarding the facilities and finances needed to meet the power efficiency and storage targets throughout the country.

Source: Myanmar BUSINESS TODAY

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here