Myanmar offer
June 3, 2012, Sunday
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Print Edition
Print Edition
MYANMAR'S government has invited foreign firms to invest in the country's electric power system for the first time in an effort to solve dire electricity shortages that recently led to a week of protests. The Electric Power Ministry took out advertisements in state-run newspapers on Friday and yesterday that read, "Invitation to private sector for electricity production and distribution." The ads called on local and foreign companies to help the government "distribute electricity in the whole country as quickly as possible." Myanmar has suffered from power shortages for more than a decade.
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