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Why Myanmar
Myanmar is the largest economy in South East Asia and maintains positive momentum. The economic growth forecast for Myanmar remains at 6.1% in 2012 and is projected to be maintained at 6.3% in 2013. This robust growth is spurred by a population of 235 million (including an emerging middle class of 28 million) which is undergoing an unprecedented degree of urbanization and industrialization. This growth should see Myanmar’s demand for electricity increase at 7% to 9% p.a. for the foreseeable future. Undoubtedly, Myanmar possesses the fundamentals to be a major land for investing in the power sector.