Currently, we are implemeting 10 to 12MW solar power generation systems in Kaw Thaung, 6MW will be distributed by March 2025 through the National Grid. The remaining 4MW are in the process of being implemented before the end of 2025.
We are also in the process of negotiating to supply another 20 MW solar power in another city. Moreover, discussions are underway with the ministry regarding the installation of transmission line projects and National Grid across Myanmar.
Our company, Power Asia Pacific, signed Agreement with Power China (a state-owned organization of China) since August 2023, to collaborate on the establishment of a National Grid Corporation in Myanmar. This partnership involves the Ministry of Electricity and Energy, which will hold a 60% stake after the assessment of existing assets in Myanmar. Power China and Power Asia Pacific will jointly invest in the remaining 40% share. The estimated value of this project amounts to USD 20 billion. (Currently a pending project)
The primary focus of the company's vision lies in establishing a Oil Storage Tank, Industrial Zones and Seaports.
The Asia Pacific Group will collaborate with investors to assume the role of Project Developer within the newly established Special Economic Zone/Industrial Zones. Their responsibility will encompass strategizing and supervising the development of this vital project, as well as providing infrastructure crucial to its success in a key geographical location.
Over a 15-year period, the project will unfold in three phases, covering regions across two neighbouring areas: the western coastline of Myanmar (Burma) along the Bay of Bengal.
Initial infrastructure supporting oil and gas storage tanks, a seaport, and a range of industrial, commercial, and transportation activities within zones identified by marketing studies.
Estimated time taken: 4 years
The expansion entails increasing the capacity of oil and gas storage tanks, enhancing infrastructure, developing the seaport, and accommodating various other activities within zones to address commercial demands.
This includes establishing facilities for workers such as medical centers, schools, and recreational amenities.
Estimated time taken: 5 years
Completion of lengthy construction projects and the finalization of the associated developments.
Estimated time take: 6 years
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