The government of Myanmar has announced the launch of an online “project bank”, a centralised and publicly-accessible database that will list priority infrastructure initiatives that have been screened and approved by the government.

The project bank will include projects that government agencies plan to develop and implement through either the government’s budget, in partnership with private sector through PPP mechanisms or through transferring State-Owned Economic Enterprise (SEE), in part or in whole to the private sector through equitization or PPP mechanisms.

Announced by the deputy finance minister the recent Invest Myanmar Summit in Naypyidaw, the project bank will include technical specifications, types of project contracts and other essential details for investors to readily access information and make informed decisions about investing in Myanmar's infrastructure.

The initiative aims to align projects with the development objectives of government ministries, improving the consistency and planning of infrastructure projects, as opposed to having them randomly suggested by businesses in the form of unsolicited proposals.