As worsening power cuts push businesses to use solar energy, import and foreign currency restrictions and corruption in the customs department slow down growth in the off-grid sector, while the regime awards on-grid solar projects to their families and cronies.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
