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Burma: CDC

Department for International Development written question – answered on 18th May 2020.

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Photo of Stephen Doughty Stephen Doughty Shadow Minister (Foreign and Commonwealth Affairs), Shadow Minister (International Development)

To ask the Secretary of State for International Development, how much CDC has invested in companies operating in Myanmar in each of the last five years; and what the names are of those companies.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign and Commonwealth Office) (Joint with the Department for International Development)

The amount CDC invested into companies in Myanmar in the each of the last five years is:

2015

Nil

2016

$50,965,888

2017

$5,534,404

2018

$2,021,605

2019

$20,273,679

The names of companies that received investment in this period are: Shan Orchard, Frontiir Co. Ltd, Solar Home Pte Ltd, MC Easy Microfinance Co. Ltd, Alliance for Microfinance in Myanmar Ltd, Advans Myanmar, Irrawaddy Green Tower Project.

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