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Is COVID-19 a force majeure event in Myanmar construction contracts and power purchase agreements?
April 29, 2020As with all sectors of the economy, the infrastructure sector in Myanmar will likely be significantly impacted by the current COVID-19 outbreak. Although there is no nationwide mandated shutdown, delays in construction projects are expected nonetheless.
Highlights of this note
- Force majeure provisions in Myanmar PPAs
- Entitlements for contractors under construction contracts
- When to claim FM?
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