Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]
China’s latest Myanmar megaproject courts controversy
November 11, 2017 by Thiha
Filed Under: Latest News Tagged With: Beijing, Beijing's Belt and Road Initiative, China, Chinese Export-Import Bank, Chinese loans, Dawei, government-led committee, Guangxi, Guizhou, Gwadar, Hambantota Port, Indian Ocean, Japan, Kyaukpyu port plan, Laos, local education programs, local media reports, Muslim Rohingya refugees, Myanmar, Myanmar megaproject, Myitsone dam project, National League for Democracy Government, Naypyitaw, Oo Maung, Pakistan, port and industrial park, Rakhine State, Sino-Laos railway, Special Economic Zones, Sri Lanka, tax revenues, Thailand, Thein Sein government, Thilawa SEZ, Vice Chair, Yangon, Yunnan