47913-014: YANGON URBAN RENEWAL AND DISTRICT COOLING PROJECT

Project Data Sheet (PDS): Overview


Description

The project will revitalize approximately 4 hectares of downtown Yangon into an emerging central business district located next to the central railway station. The overall development comprises a hotel with serviced apartments, two office towers, a retail podium, a residential tower, a restored heritage building, and a district cooling plant. The project will help alleviate the acute supply shortage in the city, stimulate tourism and commercial activity, and promote energy efficiency. The district cooling plant will generate cool water and distribute it through a network of piping systems to individual buildings. The plant is expected to avoid 10,000 megawatt-hours of electricity and 3,000 tons of carbon dioxide equivalent emissions annually. Read More

Country Myanmar
Borrower/Equity Investment Name
Project Number 47913-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Proposed
Geographical Location Myanmar
Sector Not yet classified
Subsector For Classification
Safeguard Categories Environment: B
Resettlement: C
Indigenous People: C

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Daniel Wiedmer
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 2

PDS Creation Date
05 Jun 2014

Last PDS Update
09 Jun 2014

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