US Quasar Resources looks to invest up to $400 m in Myanmar power sector

US Quasar Resources looks to invest up to $400 m in Myanmar power sector

Photo: Quasar Resources LLC

Texas-based Quasar Resources, an energy development company, is planning to invest from $300 million to $400 million in the Myanmar power sector over the next five years.

“We’re going to replicate the US model (in Myanmar) where things work efficiently,” said Lin Tun, founder and managing director of Quasar Resources.

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