BY MYANMAR TIMES.

The government revealed 58 national development projects during the launch of its online project bank website yesterday. 

Announced last year, the Myanmar Project Bank is an interactive web-based platform designed to highlight investment projects in line with the implementation of the Myanmar Sustainable Development Plan (MSDP) for 2018-2030. It can be found on www.projectbank.gov.mm.

The 58 infrastructure development projects include road, railway, port, airport, electricity, urban development, industrial estate development as well as agricultural development projects. The loftiest project is the Yangon Central Station, which involves an investment of more than US$2.1 billion.

The project bank represents “an online one-stop-shop, where all information on projects designed to implement the MSDP can be easily accessed with a single click,” according to the website. 

It also establishes a reliable and transparent system which links major investment projects with appropriate sources of finance including Public-Private–Partnerships and provides more opportunities for the private sector to contribute to national development.

All the projects are strategic in nature and align with the MSDP.