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Engineering & Construction

Ayala and Yoma team up to close Myanmar's infrastructure gap

Conglomerates' power and water plans promise to help offset limited public funds

A girl collects drinking water outside Yangon: Myanmar's economic development hinges on the construction of more modern infrastructure.   © Reuters

YANGON -- If there is one thing Myanmar needs, it is infrastructure. Now, Yoma Group, one of the country's biggest conglomerates, is looking to build it with a partner that knows a thing or two about power grids and water supplies -- the Philippines' Ayala.

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