Myanmar Energy

Displaying 49 - 54 of 97

Myanmar’s recently unveiled economic agenda is heavily dependent on overcoming electricity shortages in areas already on the national grid as well as achieving the country’s goal of implementing universal access to electricity by 2030.

 

While most industries have benefitted from an influx of foreign investment since the opening of the economy in 2011, the mining sector has yet to catch up. There are a few reasons for this, including legal inconsistencies and ongoing civil unrest in key areas. Through the implementation of mining law reforms passed in late 2015, many...

 

Often described as wedged between India and China to illustrate its growth potential, Myanmar’s proximity to the two resource-hungry giants has not always been a blessing. For a long time, the state has fostered the interests of smugglers of various resources, creating a black market that grew to some $100bn between 1960 and 2013, according to...

 

How would you assess Myanmar’s move towards a more transparent economy so far?

 

Aside from a few major investments, the Myanmar mining sector has lain largely dormant for decades, due to a combination of economic and political factors. To revive interest in the sector, the Ministry of Mines (MoM) has long been pressed by local mining companies and international prospectors to amend outdated mining laws which, in light of...

 

How, in your opinion, do production agreements in the mining sector in Myanmar differ in comparison to international norms?

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