China’s Belt and Road Initiative

Myanmar to collaborate with Hong Kong on BRI projects

September 26, 2019 by Thiha

Myanmar is set to cooperate with Hong Kong in addition to other countries along China’s Belt and Road Initiative, announced Minister of Investment and Foreign Economic Relations U Thaung Tun during the Fourth Belt and Road Summit 2019 in Hong Kong on September 11 and 12. The summit was organised by the government of Hong […]

Filed Under: Latest News Tagged With: BRI Projects, China's Belt and Road Initiative, cooperate, Hong Kong, Myanmar

Plan for Mandalay terminal worries bus owners

October 30, 2018 by Thiha

Bus operators have expressed reservations about the final design of the Chan Mya Shwe Pyi (Kywel Sel Kan) bus terminal in Mandalay, which is touted as one of the most modern in the country. The final design of the upgrade was submitted last month to the Mandalay City Development Committee (MCDC) by M-Development Corporation Co […]

Filed Under: Latest News Tagged With: ASEAN road network, bus operators, Chan Mya Shwe Pyi, China's Belt and Road Initiative, commercial traffic, five-storey bus terminal, foreign investment, General Manager, Hong Kong company, JJ bus line, Ko Myo Ko Ko, Kywel Sel Kan, Luxury Hotels, M-Development Corporation Co Ltd, Ma Lae Lae Aye, Mandalar Minn express line, Mandalay City Development Committee, Mandalay Terminal, MCDC, owner, Passengers, Pyigyitagun township, Shopping Centres, Shwe Mandalar highway service, Singaporean Firm, South Korean firm, U Cho, U Myint Oo

China hardsells big ticket but low on trust, India’s soft power push in Myanmar education and health

September 11, 2018 by Thiha

As Delhi seeks to expand its engagement with Myanmar, it is in sectors such as education, health and entertainment services that India hopes to make an impact in a country crowded with several international players, and completely dominated by China. In a state-of-the art classroom at the steel and glass Myanmar Institute of Information Technology […]

Filed Under: Latest News Tagged With: Arakan Army, Bay of Bengal, Beijing, China, China-Myanmar Economic Y Corridor, China's Belt and Road Initiative, China’s Yunan province, Delhi, digital, ethnic armed organisations, foreign investments, health, Hong Kong, Indian Companies, infrastructure, journalists, Kachin Independence Army, Kaladan Multinodal project, kia, Kunming, Kyaukpyu, Mandalay-Muse route, medical equipment, MIIT, MNDAA, Muse, Myanmar Institute of Information Technology, Myanmar Military, Myanmar National Democratic Alliance Army, Myitsone dam project, Politicians, rakhine, SEZ, singapore, Sri Lanka, Ta-ang National Liberation Army, TNLA, universities in Myanmar, Yunan capital

Will Myanmar become a conduit for Iranian crude into China?

August 16, 2018 by Thiha

On June 1, sometime between the US withdrawal from the JCPOA in early May, and its demand in late June that Asian buyers fully halt Iranian oil purchases, PetroChina snuck in a shipment of Iranian crude through Myanmar to its Yunnan Petrochemical refinery in southern China. On any other route, this would have been just […]

Filed Under: Latest News Tagged With: Australia, Belt and Road, China's Belt and Road Initiative, Clyde & Co Partner Avryl Lattin, Collin Koh, Dalian Petrochemical, former military government of Myanmar, Guangxi Petrochemical, international oil or gas pipeline, Iranian barrels, Iranian crude, Iranian Heavy crude, Iranian oil, Iranian oil purchases, JCPOA, JCPOA signatories, Kunming City, Kyaukpyu in Rakhine state, Maday Island, metallic and chloride, Middle East, Myanmar, Myanmar-China Oil and Gas Pipeline, oil and gas pipelines, PetroChina refinery, petroleum, pioneer project, Russian military, sanctions on Iran, singapore, Southern China, Trump, US Sanctions, VLCC terminal, Washington’s Indo-Pacific strategy, Yunnan Petrochemical refinery

Far from a ‘debt trap’, China’s belt and road allows countries like Myanmar to leapfrog poverty

July 16, 2018 by Thiha

Andre Wheeler says Western critics overlook the holistic and long-term benefits that China’s multilateral infrastructure investment programme brings to countries like Myanmar. What’s more, they aren’t offering any alternatives A plethora of articles have discussed the risks associated with China’s Belt and Road Initiative. The discussion is often portrayed within a “winners versus losers” framework, […]

Filed Under: Latest News Tagged With: “debt trap”, 2017 Belt and Road summit., African, Beijing, China, China-Myanmar economic corridor, China's Belt and Road Initiative, China’s foreign minister, clean coal technology, construction, credit rating, development banks, economic conditions, electricity, energy market, fossil fuels, GDP levels, Heritage, Infrastructure Projects, KYAUK PHYU SPECIAL ECONOMIC ZONE, Kyuak Phyu deep water port projects, lung disease, Malaysia, Myanmar, Myitsone dam hydro power, North Korea, Pakistan, return on investment, Sri Lanka, United Nations, United States, Wang Yi

Myanmar negotiating with Chinese consortium on deep-sea port project in western state

July 13, 2018 by thiha

YANGON, (Xinhua) — Myanmar is negotiating with a Chinese consortium to carry out a strategic deep-sea port in Kyaukphyu, western Rakhine state, as part of the planned special economic zone (SEZ) in the region, according to a report of the official Global New Light of Myanmar Sunday. The negotiation between Myanmar’s Commerce Ministry and the […]

Filed Under: Latest News Tagged With: China Harbor Engineering Company Ltd. (CHEC), China International Trust and Investment Corporation (CITIC), China Merchants Holdings (International) Co. LTD(CMHI), China's Belt and Road Initiative, Kyaukphyu deep-sea port project, MADE Island Terminal, Myanmar, Myanmar Special Economic Zone law, TEDA Investment Holding(TEDA), YANBYE Island Terminal

Myanmar likely to open more sectors to FDI

May 28, 2018 by Thiha

A SURGE in interest among global players following the liberalisation of Myanmar’s education sector to foreign investors has motivated the authorities to continue opening up the economy in other restricted sectors. Thant Sin Lwin, deputy director general at the Directorate of Investment and Company Administration (DICA), said at a press conference on Tuesday that Myanmar […]

Filed Under: Latest News Tagged With: another deputy director general, Aung Naing Oo, Ayeyarwady Region, China Export & Credit Insurance Corporation, China's Belt and Road Initiative, Deputy Director General, DICA, director general at DICA, Directorate of Investment and Company Administration, FDI, foreign insurance companies, foreign investors, Hpa-an, insurance sector, Japan International Cooperation Agency, Kayin State, mandalay, Marlar Myo Nyunt, MIC, Myanmar International School, Myanmar investment commission, Press Conference, private local firms, Secretary of MIC, senior executives, Shan State, Singapore’s Coffee Concepts (Myanmar) Limited, state-owned Myanma Insurance Enterprise, Taunggyi, Thant Sin Lwin, Yangon Investment Forum

Political make-up a bottleneck for Shan economy

October 24, 2017 by Thiha

The political make-up of the state’s executive and legislature results in a lot of time and energy spent on negotiations instead of implementing sweeping economic reforms in Shan, according to a local chamber of commerce. The state needs political stability and it needs to generate value-added agricultural products in order to grow its economy. Shan […]

Filed Under: Latest News Tagged With: avocados and coffee beans, chair of the Southern Shan State Chamber of Commerce and Industry, China, China's Belt and Road Initiative, Domestic visitors, economic development, Germany’s international development organisation, Gesellschaftfür Internationale Zusamenarbeit, GIZ, Heho Airport, Inle Lake, International Visitors, Laikha and Mong Hsu townships, Laos, Lashio and Kengtung, local chamber of commerce, Mining Sector, Myanmar Times, Myanmar traders, Myanmar’s border trade, Nam Parng river, National League for Democracy Led Government, Om-pu waterfall, overseas market demand, Shan economy, Shan State, Shan’s agriculture, Shan’s economic development, state’s executive and legislature results, Taunggyi, Thai Investors, Thailand, U Aung San Win, USAID, USDP, value-added agricultural products, Value-Added Products, Yunnan Province

Frustration mounts as Kyaukphyu port negotiations stall

October 17, 2017 by Thiha

Kyaukphyu’s Chinese investors have hit back at criticisms over their majority stake in a proposed deep-sea port in Rakhine. They emphasised that it was the Myanmar government who drew up the shareholder structure and that the ball is in Nay Pyi Taw’s court to break the inertia and move the negotiations forward. Kyaukphyu is the […]

Filed Under: Latest News Tagged With: China, China Harbor Engineering, China Merchants, China's Belt and Road Initiative, Chinese state-owned bank, Chinese state-owned CITIC Group, Dr Oo Maung, EIA, Environmental Impact Assessment, executive president of CITIC Myanmar, interest rate, Kyaukphyu port, Kyaukphyu’s Chinese investors, legal advisor, MKSHC consortium, Myanmar Government, Myanmar Kyaukphyu SEZ Holding Company, Nay Pyi Taw, Nay Pyi Taw's court, PwC, rakhine, SEZ, Singapore Jurong, special economic zone, TEDA Investment, Thailand’s Charoen Pokphand Group, U Thein Sein, vice-chair of Kyaukphyu SEZ Management Committee, Warren Hua, Yuan Shaobin, Yunnan Construction Engineering Group

Proposed port and highway to align Ayeyarwady with Belt and Road

September 25, 2017 by Thiha

Ayeyarwady may follow Kyaukphyu and Dawei to be the next region in Myanmar to embrace a deep-sea port together with other infrastructure projects, with a feasibility of the scheme currently under progress. U Ye Lin from Myanmar Construction and Development Public Co said that a feasibility study is being carried out jointly with South Korea-based […]

Filed Under: Latest News Tagged With: Ayeyarwady, Bangladesh-China-India-Myanmar, BCIM, BRI, Chaung Tha, China, China's Belt and Road Initiative, Dawei, Dawei and Kyaukphyu deep-sea ports, elevated highway, European Chamber of Commerce Myanmar, foreign investors, KECC, Kyaukphyu, MCD board secretary., MInistry of Construction, Ministry of Planning and Finance, Myanmar Construction and Development Public Co, Ngwe Saung, Pathein deep-sea port project, port and highway, professional services firm PwC, SEZ law, SEZs, South Asia, South Korea-based Korea Engineering Consultants Corp, Southeast Asia, Special Economic Zones, U Ye Lin, UMFCCI, Union Government, Union of Myanmar Federation of Chambers of Commerce and Industry