YANGON — Myanmar will endeavor to take on no loans from China to complete the Kyaukphyu Special Economic Zone (SEZ) but would offer the developer no sovereign guarantees to mitigate risk if it does, said the project’s new chairman, seeking to allay fears of a debt trap. Sean Turnell, an economic adviser to State Counselor […]
New Chair of Kyaukphyu SEZ Wary of Chinese Loans
July 18, 2018 by Thiha
Filed Under: Latest News Tagged With: “debt trap”, China, China International Trust and Investment Corporation, Chinese President Xi Jinping, CITIC, economic adviser, Europe, Export-Import Bank of China, garment factories, Hambantota Port, Head, Indian Ocean, Industrial Park, Japan, Kyaukphyu Special Economic Zone, National League for Democracy, new chairman, new planning and finance minister, Nikkei Asian Review, Rakhine State, Ray Washburne, Sean Turnell, SEZ, singapore, Southeast Asia, Sri Lanka, State Counselor Daw Aung San Suu Kyi, The Irrawaddy, U Set Aung, U Soe Win, US Overseas Private Investment Corporation
