Invest in Myanmar - For Investors Seeking Opportunities in Myanmar
Invest Myanmar - The Myanmar Investment Gateway

Member area

Invest in The Energy and Electricity Sector of Myanmar - Invest

Energy and Electricity Sector

The country is woefully short of electricity to meet the needs of industry and private citizens. About a quarter of all energy produced by the current system is wasted by the time it reaches customers. The demand for energy in Myanmar is 30 percent more than the available supply. Furthermore, many businesses are forced to rely on private generators to supply electricity during frequent power failures and general shortages.

Burma generates a maximum of about 1, 610 MW during the monsoon season and 1,340 MW during the summer season. Of the 1,610 MW, 1,270 MW is generated by hydropower stations when a full storage capacity of water is available during the monsoon.

Most importantly, Myanmar has gas reserves and serious hydropower potential. A long-term solution would see citizens in both cities and villages finally enjoying the economic opportunities made possible by a reliable energy source.

Myanmar's government understands the importance of private sector participation in reaching this solution. They are currently exploring the possibilities of partnerships with the private sector as well as independent power production on a pilot basis.

Did You Know?
Myanmar, which has a total area of 678,500 square kilometres, is the largest country in mainland Southeast Asia, and the 40th-largest in the world. It is somewhat smaller than the U.S. state of Texas and slightly larger... ... More

Featured news story
Australia to provide aid to agricultural sector
Australia to provide aid to agricultural sector

Featured Video
Myanmar 2013 - Moving from a Cash to a Banked Economy - Invest video
Myanmar 2013 - Moving from a Cash to a Banked Economy

GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
Today on Invest Myanmar
Member Companies: 82
News Stories: 341
Myanmar Videos: 59
Interesting Facts: 29
Factsheets: 9
 © Copyrighted 2012 Invest All rights reserved.  

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

Crafted by Sofia Web Works®, makers of Pahraat Kasinot and Casinobonus på alla svenska online casinon an Invest Bulgaria company