Japan loans USD 400 million for development
Japan and Myanmar have finalized a set of loans totaling around USD 409 million to develop Myanmar’s small and medium enterprises and to build a new bridge across the Sittaung River. Japanese ambassador to Myanmar, HE Ichiro Maruyama and deputy
New loans announced for agribusiness
The government will soon offer new soft loans for businesses in livestock and agriculture affected by COVID-19. The fund of MMK 100 billion will go towards assisting farms, import and exporters, manufacturing and other businesses related to the produWB: USD 50 Million in Fast-Track Financing for National COVID-19 Emergency Response
In a press release on April 20, the World Bank announced that it had approved a USD 50 million credit for the Myanmar COVID-19 Emergency Response Project. “This fast-track financing will help Myanmar fill a critical gap in its contingency plan to uThai govt to grant loans to develop transnational road network
Regional integration between the CMLVT countries (Cambodia, Myanmar, Laos, Vietnam and Thailand) through infrastructure development has been high on the agendas of the respective regional governments and a new grant from Thailand will help develop itADB to help build all-weather rural roads in Myanmar
On November 12th, the Asian Development Bank (ADB) announced that it had approved a financing package of over USD 50 million (loan + grant) to help upgrade 152 kilometers of roads in 4 rural townships of Ayeyawady and Magway Regions. Featuring raised
