Business

Infrastructure Projects Myanmar: Current Status Of Infrastructure In Myanmar

No matter how underdeveloped, developed or developing a country is, infrastructure is a very critical component that affects the overall growth and economic development of it. Whether it is the well-constructed roads making a good transportation network or the trade that connects different markets and industries, good infrastructure will automatically facilitate better productivity in each and every commercial and domestic sector of the country.

 

Introduction to infrastructure projects myanmar

If we compare the countries of South-East Asia according to the land they occupy, then we come to the fact that Myanmar is the largest country situated on the borders of Bangladesh, India and China. Even though the country occupies such a large land area, still the infrastructural growth and the rate of infrastructure development there is very weak. It constantly acts as a constraint on its growth.

What is the Myanmar government doing to improve the infrastructure projects Myanmar?

  • For electricity: The country has set up the National Electrification Plan, also shortly known as NEP to improve the electrical infrastructure.
  • For transportation: National Rural Road access program to provide better roads to the backward areas of the country.

To conclude, the government has planned a massive Myanmar Sustainable Development Plan which is a long-term, carefully planned policy with the vision of getting successful results in the overall infrastructural development of the country.