He also said that special economic zones will be required to continue to stimulate both imports and exports, along with ports and roads. He noted that around 300,000 TEUs and 16.7 million tonnes, accounting for close to 100 per cent of Myanmar's cargo, pass through the ports of Yangon and Thilawa. He added that Myanmar will act as a Southern Economic Corridor and Gateway to India, and the three special economic zones being developed are Kyaukphyu, Thilawa and Dawei.Mr. Vaidya said that Myanmar needs to address its chronic shortage of electricity to ensure continued economic growth. He added that Myanmar's power generation is currently made up of 70 per cent hydro, 24 per cent gas, 4 per cent coal and 2 per cent diesel. He added that current production levels are at 1,350 MW which can drop in summer due to less hydro production against a demand of 1,850 MW. He forecasts demand of about 3,000 MW in 2016.
Frost & Sullivan: Future Is Bright For Myanmar
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