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China Seeks Road, River Route Via Ayeyarwady for Economic Corridor

China is planning to build vital trade and logistics links with Myanmar along the Ayeyarwady River as part of the China-Myanmar Economic Corridor (CMEC) to bypass poor road infrastructure. Proposed by China in November 2017 as part of its global Belt and Road Initiative, the CMEC is expected to connect China’s Yunnan Province with Mandalay […]

Speculative Yangon City Mega-Project Draws ‘White Elephant’ Concerns for Myanmar

YANGON: On the western bank of the muddy Hlaing River, development and prosperity is a distant view. It can be seen across the expanse of water in the rising apartment blocks, office buildings and grinding industry. Over there is Yangon proper, a city of some six million people and the economic hub of Myanmar. Over […]

China walks political tightrope in Myanmar

Since 2016, when Aung San Suu Kyi’s National League for Democracy came to power in Myanmar, China’s relations with the Southeast Asian state have been surprisingly smooth considering Beijing’s close ties with its former military regimes. Previously widespread anti-Chinese sentiment, founded in controversial Chinese investments in natural resources, has largely dissipated. The shift reflects Suu […]

Skirmishes prompt concerns, debate over major railroad project

Investor interest in building a railway project linking Mandalay to Muse, the largest trading post between Myanmar and China, is expected to wane due to security challenges along the border, analysts and observers said. The risks of disruption may deter most investors from tendering for the project, leaving China, which is seen as best being […]

Master plan prepared for Chinese-backed Kachin economic zone: state minister

YANGON—A Kachin State minister said a master plan for a planned, Chinese-backed, model economic zone along the China-Myanmar Economic Corridor has been prepared, and the Myanmar government is engaged in deep discussions with the company for the project’s implementation to avoid further challenges. The Kachin State government and the Yunnan Tengchong Heng Yong Investment Company […]

New Chinese Ambassador Vows to Seek ‘Practical Cooperation’ with Myanmar on BRI Projects

China’s new ambassador to Myanmar said he would push for deeper “practical cooperation” on Beijing’s grand infrastructure projects in the country while working to advance bilateral relations. One day after President U Win Myint accepted the credentials of Ambassador Chen Hai in Naypyitaw, the Chinese Embassy issued a statement on Wednesday regarding their discussion in […]

Economy outlook positive pending reform acceleration, says World Bank

After a period of volatility during the six-month transition period between April and September 2018, growth in Myanmar has stabilised and the economy is expected to expand at a rate of 6.5 percent in the current 2018-19 fiscal year, according to the World Bank’s June 2019 Myanmar Economic Monitor. Supported by higher productivity in the […]

Initial technical report on Muse-Mandalay railway project submitted

A technical report that is a part of a feasibility study being conducted on the Muse-Mandalay railway as part of the China-Myanmar Economic Corridor has been submitted to the government, according to Myanma Railways and the Ministry of Transport and Communications. China Railway Eryuan Engineering Co (CREEC) submitted the report, which is based on a […]

Gov’t Spells Out Conditions for Signing BRI Deals with China

A senior Myanmar official revealed that the government has drawn up a set of conditions for signing memorandums of understanding (MOUs) related to Beijing’s grand infrastructure projects in the country in order to avoid falling into a “debt trap” with China and to ensure the projects benefit both countries. The conditions include acquiring international financing […]

China’s Digital Silk Road: The Integration Of Myanmar – Analysis

Although relatively new to the information and communication technologies (ICT) field, Myanmar has made rapid progress in the technological domain in the past few years. This, coupled with the country’s unique geographical location between South Asia and Southeast Asia makes Myanmar an increasingly vital intersection in China’s Digital Silk Road. With projects valued at over […]