Transparent financing for investment projects in Myanmar

Governance and Transparency
map-markerMyanmar

The Myanmar Project Bank enhances the effectiveness, coordination and transparency of public investment projects in Myanmar

Better coordination for major investment projects

Coordination between government agencies and funding partners can be a challenge when it comes to major investment projects. That's especially true when the projects span multiple locations, sectors and sources of financing. The Project Bank platform makes digital project management more efficient by defining a clear framework for managing major, transformative investment projects and their data.

The interactive, online database is publicly available and includes key data on proposed infrastructure projects which are pre-screened, appraised and prioritised to ensure they contribute to the long-term development of the nation.

The program has become a vehicle for better governance, a creator of opportunities for collaboration, and an influential driver in achieving development and economic outcomes.

Projects are also assessed based on social, environmental, economic and risk indicators, as well as their overall strategic impact towards achieving objectives outlined in the Myanmar Sustainable Development Plan. This means that upon publication, they are ready for implementation as soon as an appropriate source of financing is secured - whether that be through the national budget, Official Development Assistance (ODA) or private sector financing.

Better partnerships with investors & development partners

The Project Bank platform makes government information publicly accessible so that investors and development partners can access accurate data and identify how they can best contribute to projects. The Myanmar Government benefits from increased opportunities to secure funding.

Citizens of Myanmar can also access clear and detailed information on how each project aligns with national development objectives, contributing to a more transparent system for all.

Interested in seeing how it all works? Visit the platform for yourself.

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