ADB approves $171-mln loan to expand electricity access in Myanmar

The Asian Development Bank (ADB) has approved a US$171.27-million loan to expand electricity access in Myanmar. ADB provided $171.27-million loan to help Myanmar construct 44 medium-voltage substations and 1,006 kilometres of distribution lines across Kayin state and the Ayeyarwady, East Bago, and Magway regions. The Accelerated Rural Electrification Project will expand the electric grid to […]

ADB approves loan to fund new Myanmar expressway

The Asian Development Bank (ADB) has approved a US$483.8 million loan to build a 64-km expressway connecting the capital of Bago region and the township of Kyaikto in Mon state in Myanmar. The move supports the Myanmar government’s aim to increase investment in transport infrastructure to 3 percent of GDP by 2030, up from an […]