Articles
30
Jul
2019
How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps.
Not much works without electricity, and not much moves without roads, ports and railways to move it on. Infrastructure, including electricity, is the obvious key to unlocking the huge economic potential of Myanmar and the road to prosperity for its people. Highlights of this note We need to improve Myanmar’s reputation by fast-tracking and completing […]
30
Jun
2019
Power Surge at MOEE (VDB Loi Insights)
Quite an eventful week for the power sector in Myanmar with the announcement of new electricity tariff for customers, the issuance of tender documents for five rental projects as well as the appointment of a new managing director of the Electric Power Generation Enterprise (“EPGE”).
29
Jun
2019
Power Surge at MOEE
Quite an eventful week for the power sector in Myanmar with the announcement of new electricity tariff for customers, the issuance of tender documents for five rental projects as well as the appointment of a new managing director of the Electric Power Generation Enterprise (“EPGE”) . Highlights of this note New Managing Director at EPGE […]
31
May
2019
Change of the Income Year in Myanmar: What Do Companies Need to be Aware of?
On 28 May 2019, the Internal Revenue Department (“IRD”) of the Ministry of Planning and Finance (“MOPF”) announced a change to the income year (formerly from 1 April to 31 March) of private and cooperative sectors (“taxpayers”) to 1 October to 30 September, effective from 1 October 2019. As a result, the taxpayers will have a […]
28
May
2019
Myanmar Power Barges: Legal and Tax Issues
Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects to feed electricity into the grid as early as 2014 when the government awarded a number of power rental projects to companies such as Aggreko and APR Energy. Highlights of this […]
30
Nov
2018
PFI: “Myanmar Reforms Sparks Major Projects Pipeline” (VDB Loi Insights)
Energy and Infrastructure Team PFI: “Myanmar Reforms Sparks Major Projects Pipeline” Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects.
31
Oct
2018
Energy and Infrastructure Market: Our Latest Insights
Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects. Many of these reforms, although they are crucial, are not widely known outside of Myanmar. Highlights of this note Major Projects in the Pipeline Reform of the Project Procurement Process: the […]
28
Feb
2018
LNG to Power, Condo Rule Changes and New Compliance Rules (VDB Loi insights this month)
On 30 January 2018 the Ministry of Electricity and Energy (MOEE) held a ceremony in NayPyiTaw to sign four so-called “Notices to Proceed”, each one for a planned LNG or Gas to Power project, in total nearly 3,000 MW.
19
Feb
2018
Myanmar Progress Report (2017-2018)
As in previous years, we like to update our clients at the beginning of each year on the progress we made as a firm in the previous year.
31
Jan
2018
Myanmar Approves 4 Gas/LNG to Power Projects (VDB Loi insights this month)
The Ministry of Electricity and Energy (MOEE) has yesterday approved 4 large gas/LNG to power projects. The MOEE is using a new approval instrument which they call the “Notice to Proceed” (NTP).
TAX
Website Security Test