French to help finance Myanmar’s hydropower upgrades

French to help finance Myanmar’s hydropower upgrades
  • Myanmar is set to receive a €35.7 million (K60.2 billion) loan from the French Development Agency (AFD) to upgrade to five hydropower plants, President U Win Myint said in a message to the Assembly of the Union (Pyidaungsu Hluttaw).
  • The term of the loan is for 13 years, with a seven-year grace period, at an interest rate of 0.68 percent, said Deputy Minister of Planning and Finance U Maung Maung Win.
……
  • ျပင္သစ္ဖြံ႕ျဖိဳးမႈ ေအဂ်င္စီ AFD မွ ေရအားလ်ွပ္စစ္စီမံကိန္းမ်ားအား အဆင့္ျမင့္တင္ရန္ ေခ်းေငြ ေပါင္ ၃၅ သန္းရယူမည္ဟု ဦး၀င္းျမင့္မွ ျပည္ေထာင္စု လြတ္ေတာ္သို႔ ေျပာၾကားသည္။
  • ေခ်းေငြသည္ ၁၃ ႏွစ္ျဖစ္ၿပီး အတိုးႏႈန္းမွာ ၀.၆၈% ျဖစ္ေၾကာင္းသိရသည္။
  https://www.mmtimes.com/news/french-help-finance-myanmars-hydropower-upgrades.html

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