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NEW UPDATES Asean Affairs  13 October  2015  

IFC to finance $40m Myanmar-based gas turbine project

The International Finance Corporation (IFC) is planning to invest $40 million in a 225 megawatt combined cycle gas turbine power plant at Mandalay according to the dealstreetasia website on 8 October.

The investment will be in the form of debt financing for the power plant, which will be built by a consortium of companies including, the Singapore-based Sembcorp Utilities Pte Ltd and MMID Utilities Pte Ltd, according to the project details stated on theIFCthe website.

The project is expected to start in the first quarter of 2016 and will take 22 months for completion. The power plant will be connected to the Myingyan Steel Mill sub-station and is planned to start its commercial operation by the first quarter of 2018, the IFC stated.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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