Rapid changes and development plans are underway to ensure the country’s basic power needs are met, with foreign investments playing a big part in the realization of efficient and sustainable power utilities infrastructure.
Yangon, Myanmar (PRWEB) January 08, 2013
Wide-ranging opportunities in power generation, transmission and distribution beckon in Myanmar's power sector, especially in the financial and bustling regions Yangon and Mandalay where power demand is set to grow multifolds. Rapid changes and development plans are underway to ensure the country’s basic power needs are met, with foreign investments playing a major role in the realization of efficient and sustainable power utilities infrastructure.
Developing the power sector is fundamental to the country’s economic and social progress. The Myanmar Power Summit in Yangon on January 28-31, 2013 will offer insights into “Securing Power Investments/Partnerships in Myanmar’s Growing Electricity & Utilities Demand”.
The summit and exhibition will be officiated with a keynote address by His Excellency U Khin Maung Soe, Union Minister of Electric Power and will have officials from the Ministry of Electric Power and MEPE presenting on the regulator's role as well as insights on power generation, fuel sources, transmission and infrastructure plans. Among other highlights are:
Mr Kanthan Shankar, World Bank's Country Manager for Myanmar sharing the bank's perspective on “Ensuring Sustainable Power Utilities Infrastructure Development in Myanmar”. Key financial management of power projects is the focus of the “Financing Development for Power & Infrastructure Projects in Myanmar” speech by Mr. Eugene Sullivan, Principal Investment Officer from International Finance Corporation (IFC). The same topic is then expanded into a panel discussion with Mr. Peter Bird (Meitner Pte. Ltd.), Mr. Bruce Weller (BNP Paribas) and Mr. Kanthan Shankar as key panelists.
A presentation on “Power plant development – How do other SE Asian countries attract investment?” by Dr. Thomas Parkinson, Partner at the Lantau Group (HK) Limited, provides economic analysis and trends study hence understanding of possible directions of this infant market.
Other sessions on the transmission system and grid as well as project financing and due diligence will be covered by experts during the 4-day conference.
A pre-summit forum on “Doing Business in Myanmar” and two post-conference workshops on “Power Plant Rehabilitation & Modernization” and “Structures of IPP, BOT & PPA” are included to provide stakeholders and investors with further information and insights.
On request, the official host, Ministry of Electric Power is holding one-to-one business meetings with delegates to address concerns and questions related to their proposals.
Since March 2012, CMT has organized nine summits in Yangon, attracting over 2000 delegates from over 42 countries.
For more information on the event, please visit http://www.cmtevents.com/aboutevent.aspx?ev=130107& or contact: grace(at)cmtsp(dot)com(dot)sg at Tel. 65 6346 9147.