Russia and Myanmar move Dawei power plant plan forward with MoU

• Russia's Inter RAO Company and Myanmar's Launglon Economic Development Company Limited have signed a Memorandum of Understanding (MoU) for a power plant project at the Dawei Deep Sea Port.

• The agreement was signed on June 5 in St. Petersburg during a visit by Myanmar's Vice President U Nyo Saw to Russia.

• The signing was witnessed by high-level officials, including Myanmar's Vice President and Russia's Minister of Economic Development, signifying strong governmental backing for the project.

Myanmar and Russia have moved ahead with plans for a power plant at the Dawei Deep Sea Port, with Inter RAO Company and Launglon Economic Development Company Limited signing a Memorandum of Understanding on June 5.

The agreement was concluded during Vice President U Nyo Saw’s visit to the Russian Federation.

Before the signing, he met a delegation led by Ivan Viktorovich Polyakov, Chairman of the Russia-ASEAN Business Council, at the EXPOFORUM Convention and Exhibition Centre in St Petersburg.