Status: Approved
Timeframe: 2016-?
Area: Taungtha, Myingyan District in Mandalay Division, Myanmar
AIIB Investment Amount: US$ 20 million
Total Project Cost: US$ 304 million
Co-financier: Asian Development Bank: US$ 143 million (+ US$ 110 guarantee); World Bank (International Finance Corporation): US$ 75 million; Others, e.g. UK ́s Private Infrastructure Development Group
E&S Category: A
Project Details: The project involves the development, construction, and operation of a greenfield 225 MW Combined Cycle Gas Turbine (CCGT) power plant in the Mandalay region of Myanmar.
Total Capacity: 225 MW
Construction Company: Sembcorp Utilities Pte Ltd and MMID Utilities Pte Ltd
Resettlement: A detailed survey of land use along the proposed cooling water intake line is on-going, but early indications are that approximately 5 to 10 families of settlers without land titles or legal claims occupying the irrigation canal will be affected with the potential effects including physical displacement of small businesses, homes, and removal of small plantations of fruit trees. On the other hand, the construction of the electricity transmission line will result in the permanent loss of very limited areas of agricultural land required for the construction of the footprint of the transmission towers.
CSO reports and organizations monitoring: Recourse (2020); BIC Europe (2018)
AIIB interactions to date: None
Further information: AIIB Page; Gender Action Scorecard
Last update: 31.12.2023
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Dr. Nora Sausmikat
China desk/Campaigns on Multilateral Development Banks
nora.sausmikat [at] urgewald.org
+49 030 86329 22 32
Knud Vöcking
Campaigns on Multilateral Development Banks
knud [at] urgewald.org
+49 (0)2583/30492-14
Dr. Dustin Schäfer
Campaigns on Multilateral Development Financial Institutions, Focus: Accountability and Transparency
dustin [at] urgewald.org