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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 […]

Myanmar strives to promote fishery sector by opening university, boosting cooperation

Myanmar authorities are striving to open a fishery university for development of its fishery sector following the parliament’s approval for such move. At a meeting of submission of proposal for the opening of the university, Dr. Aung Thu, Minister of Agriculture, Livestock and Irrigation, stressed the need for seeking fund, foreign technicians and researchers to […]

MoUs Inked to Step up Thailand-Myanmar Cross-Border Trade

​​ Business communities and the governments of Thailand and Myanmar have agreed on bolstering cross-border trade by improving existing channels and developing new routes, and with an emphasis on the exchange of data and a new cross-border SEZ. The Thai delegation, led by Thailand’s Deputy Prime Minister Somkid Jatusripitak, met with State Counsellor Daw Aung […]

Myanmar pushes for more hydropower projects

NAY PYI TAW, YANGON – The Ministry of Electric Power reiterated the necessity of hydropower projects, citing an increase in power demand. Htein Lwin, permanent secretary at the Ministry of Electric Power, said during the press conference to mark the government’s first 100 days in power in Nay Pyi Taw that there is a need that Myanmar […]

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 […]

Gov’t to Carry Out Maintenance Work on Two Major Rivers

Myanmar government will carry out maintenance work on two major rivers – Ayeyarwaddy and Chindwin – in the country, in a bid to improve the rivers’ navigation, the Ministry of Transport said. The government will spend K12 billion ($12.5 million) on removing sandbank and maintenance of riverbeds and waterways of the two rivers with preventive […]