On 4 March, an intergovernmental agreement on principles of cooperation in the construction of a SMR (small modular reactor) in Myanmar was signed during the state visit of Myanmar’s leadership to Russia.
The document was signed in the presence of Russian President Vladimir Putin and Senior General Min Aung Hlaing, Chairman of the State Administration Council and Prime Minister of the Republic of the Union of Myanmar, by Alexey Likhachev, Rosatom State Corporation Director General, and Dr. Myo Thein Kyaw, Union Minister of Science and Technology of the Republic of the Union of Myanmar.
The intergovernmental agreement regulates the conditions and main directions of interaction between the parties within the framework of implementation of the 110 MW SMR project with the possibility of further expansion up to 330 MW.
Key data points: The growth forecast = 5.4% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global nuclear decommissioning service market to 2031 by reactor type (pressurized water reactor (PWR), boiling water reactor (BWR), pressurized heavy water reactor (PHWR), gas cooled reactor (GCR), and others), strategy (immediate dismantling, deferred dismantling, and entombment), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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