MOU on Establishing a Vehicle to Promote Private-Sector Projects in Myanmar
Supporting Japanese companies' participation in projects from the early stages

  • Area: Asia
  • Infrastructures

JBIC signed an MOU with the Ministry of National Planning and Economic Development of the Government of Myanmar regarding the establishment of a vehicle to promote project development in Myanmar (Project Promoting Vehicle–PPV). The PPV will be established to support commercially viable projects from their early stages, such as the urban development project in the Greater Yangon area. The establishment of this PPV reflects the policies of the Government of Myanmar to utilize private-sector resources and vitality to the maximum in urban development. It will also facilitate private-sector projects, and enable support for the acquisition of permits, and through this, contribute to promoting investment in Myanmar by Japanese and other private-sector companies.

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