"Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region. The ADB predicts that the country’s gross domestic product (GDP) will grow by eight percent, higher than any other country in Southeast Asia. Similar to other Southeast Asian nations at the moment, Myanmar is also pushing for an upgrade on its infrastructure. One of the main infrastructure projects underway is the upgrading of the Yangon Circular Railway. Myanmar is also developing three Special Economic Zones to increase foreign direct investment into the country. More recently, however, The International Monetary Fund (IMF) warned that Myanmar’s economy “appears to be losing momentum”. Nevertheless, with major plans for the future, Myanmar’s energy demands are expected to grow concurrently with its development. According to the Ministry of Electricity and Energy, energy demand is expected to increase at 15 percent annually, double that of the forecasted economic growth. Meanwhile, the Japanese International Co-operation Agency (JICA) – Myanmar’s largest source of official development assistance (ODA) – is expecting demand for electricity to multiply fivefold to 15 gigawatts (GW) by 2030..."