Signing of Japanese ODA Loan Agreement with Myanmar: Rehabilitating deteriorating hydropower plants to provide a stable supply of power to Myanmar’s two most populous regions

On April 25, the Japan International Cooperation Agency (JICA) signed a loan agreement (L/A) with the Government of the Republic of the Union of Myanmar in Nay Pyi Taw, the capital city, to provide a Japanese ODA loan of up to 10.787 billion yen for the Hydropower Plants Rehabilitation Project. The objective of the project […]

Investment attraction to Hpa-an industrial zone drops

Foreign business owners are reportedly losing interest in investing in the Hpa-an Industrial Zone due to electricity shortages. It is the 19th industrial zone in Myanmar and covers nearly 1,000 acres of land. Moreover, it is divided into four parts and 59 land plots have been earmarked for foreign investors at industrial zone-1. “The industrial […]