After more than two years of negotiations, the Myanmar government and China’s state-owned CITIC Group signed the framework agreement for the proposed US$1.3 billion deep-sea port in Kyaukphyu on November 8. At the press conference, CITIC chair Chang Zhenming said this meant “the beginning of further steps”. “Signing this agreement is the starting step for […]
Kyaukphyu port: What happens next?
November 15, 2018 by Thiha
Filed Under: Latest News Tagged With: asean, Belt and Road Initiative, Chang Zhenming, China-Myanmar economic corridor, CITIC, CITIC Group, East-West Economic Corridor, economies, Environmental and Social Impact Assessments, Environmental Compliance Certificates, industrial zone, Kyaukphyu, Kyaukphyu SEZ, Management Committee, memorandum of understanding, National League for Democracy, Rakhine Commission, Rakhine State, SEZ, Sino-Myanmar, Strategic Environmental Assessment, tax revenue, Yunnan Province
