INFORMATION SHEET (r)

[OKKAR66127@xxxxxxx]

                                       INFORMATION SHEET

NO.A-0316(I)
12th February   1998
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(1)		Myanmar Carbonix Produces Carbon Dioxide for Industrial Use

		Myanmar Carbonix Ltd, a joint-venture between Myanma Petrochemicals
Enterprise and Nur Investment and Trading Pte Ltd of Singapore, opened a
factory producing liquid and solid carbon dioxide for industrial use on 12
February.  The factory using carbon dioxide waste from industries will produce
24 tons of liquidfied carbon dioxide and six tons of solidified carbon dioxide
( dryice) per day for domestic industrial use.  The factory?s products will be
used in welding, producing fire extinguishers, soft drinks and beer and
storing and exporting fresh fruit, vegetables, meat and fish. It will help
reduce air pollution and develop industries using carbon dioxide. Myanmar has
plans to use dry ice on extended scale. MPE is planning to set up more
factories manufacturing formalin, polyester, tar and other chemical goods.

(2)		Myanma Electric Power Enterprise, Yunnan Machinery and 
		Import and Export Sign $ 250m MoU for Implementation of 				      Paunglaung
Hydropower Project

		Memorandum of Understanding for implementation of Paunglaung Hydropower
Project involving a loan of US $ 250 million was signed between Myanma
Electric Power Enterprise and Yunnan Machinery and Equipment Import and Export
Corporation (YMEC) at MEPE Head Office on 12 February.  Paunglaung Hydropower
Project is situated near Pyinmana in Mandalay Division.  It has an installed
capacity of 280 MW and will annually generate over 900 million Kwh which will
be distributed through the national grid.  The project will jointly be
implemented by Myanma Electric Power Enterprise and Irrigation Department of
the Ministry of Agriculture and Irrigation. 

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