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IFC report recommends alternatives to high-risk Myitsone

A government-sponsored study warned against restarting the highly controversial Myitsone dam and recommended alternatives to develop the country’s hydropower sector. The final version of the Strategic Environmental Assessment (SEA) of the hydropower sector, supported by the energy and environment ministries and authored by the International Finance Corporation, has been published. The SEA involved a range […]

$187M Road Planned on Myanmar’s West Coast for ‘Security’ and ‘Development’

A coastal road stretching 274 kilometers (170 miles) from Rakhine State’s Thandwe to Gaw Yin Gyi Island in Irrawaddy Region’s Ngapudaw Township will be built at a cost of around 300 billion kyats ($187 million), according to Irrawaddy Region Minister for Finance and Planning U Htay Win. At the instruction of President U Win Myint, […]