Plan underway to provide electricity to 900 villages across nation in 2024

U Maung Win, Deputy Direc tor-General of the Department of Rural Development, announced that steps are now taken to provide electricity to a total of 900 villages nationwide through small-scale home solar systems at a cost of K20 billion in 2024.
The project commenced in the 2016-2017 financial year to bring electricity to villages located more than 10 miles away from the national grid.
“In implementing the project, priority is given to villages that can contribute a specific amount towards the cost. Currently, approximately 10,000 villages (500,000 houses) have been electrified under the World Bank’s programme between the 2016–2017 financial year and the 2021–2022 financial year,” stated U Maung Win. 

Source: The Global New Light of Myanmar

Exports from manufacturing sector surpass US$8.2B as of 1 March

The export value from the manufacturing sector amounted to US$8.28 billion as of 1 March of the current financial year 2023-2024, , the Ministry of Commerce’s statistics showed.
The export of finished industrial goods was valued at $10.255 billion in the corresponding period last year.
Therefore, the figures reflected a drop of $1.975 billion compared to that of the year-ago period.
Myanmar exports agricultural products, livestock products, fisheries, minerals, forest products, finished industrial goods, and other goods, while it imports capital goods, intermediate goods, raw materials from CMP garment factories, and consumer goods.
Myanmar has been implementing the National Export Strategy (NES) 2020-2025 in order to bolster exports. The priority sectors of the NES comprise agricultural production, garment and apparel, industrial and electronic device, fishery business, forest product, digital manufacturing and service, logistic service, quality management, trade information service, innovation and entrepreneurship sectors.

Source: The Global New Light of Myanmar