Myanmar opens door for Aust mining

A burst of $US3.6 billion ($A4.85 billion) invested in Myanmar’s oil and gas sector in the past year is a green light for Australian companies involvement, Australian business representatives say. In 2014, the Myanmar government awarded 40 onshore and offshore oil and gas licences and Australia’s Woodside Petroleum is exploring two offshore areas in the […]

World Bank’s US$100 million credit to Myanmar continues hydroelectric infrastructure development in Irrawaddy River Basin

Some of the 20 planned hydropower plants for Myanmar (formerly Burma), which is located in South East Asia, will be constructed within the Irrawaddy (Ayeyarwady in Burmese) River Basin, according to the Government of the Republic of the Union of Myanmar Ministry of Electric Power (MOEP). Myanmar has numerous hydroelectric projects in development, but last […]