International Finance Corporation (IFC)

IFC promotes the private sector's role in addressing Myanmar's infrastructure needs in a financially, environmentally, and socially sustainable manner. It supports the transformation of the state-operated Yangon Electricity Supply Board into a commercially viable corporate entity, revitalizing Yangon's electricity system and extending reliable and affordable power to millions of people in the country's most populated city. It advises the government on a competitive selection process for the 250-megawatt combined-cycle gas turbine of the Myingyan Independent Power Producer project, which helps create a public-private partnership framework to enable quality power developers to invest in Myanmar.