Representative Iwazawa had visited MITI, Kyushu Economic Federation, etc. and exchanged opinions on information about new government of Myanmar, Dawei SEZ, etc.
As for business, he suggested IPPs (Independent Power Producers).
Having been changed to new government, Myanmar tries to lure foreign investment in. Its electrification rate now is still said to be 30%, suffering chronic electric shortage. According to the ministry of electricity of the country, Myanmar reinforced 1.3 million kW within this 4 years, and now the total capacity of electric power reaches 4 million 714 thousand kW.
As a result, the electrification rate increased from 27% (2.42 million households) in 2011 to 34% (3.5 million households) and they say by 2019 they’ll take in 1.7 million households and make the electrification rate to 50%, by 2030 they’ll finish the electrification completely.
For Japanese company, there are good opportunity to take part in as IPP (Independent Power Producer),