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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 […]

Nine sectors to have priority under the China-Myanmar Economic Corridor

Myanmar is prioritising nine sectors covering infrastructure projects under the China-Myanmar Economic Corridor although more specific details as to which of the projects have been chosen remain under wraps. These sectors, part of the Myanmar Sustainable Development Plan, include electricity, road, bridge, telecommunication, basic construction, agriculture, transportation, research and technology. Union of Myanmar Federation of […]

Two-lane road connecting Dawei SEZ to be built

YANGON-Myanmar will be constructing a road that connects Dawei Special Economic Zone (SEZ) and the border area with Thailand, says Dr Than Myint, Commerce Minister and Chairman of the Task Force on SEZ construction. “Myanmar is now discussing about construction of road to Dawei SEZ with Thailand. We have conducted the survey for construction. Construction […]

Framework for Kyaukphyu Port to be signed next week

The Myanmar government and China-based CITIC Group will sign a framework agreement for the construction of the Kyaukphyu Deep Sea Port project in Rakhine State next week, said U Aung Htoo, deputy minister of commerce. “It was agreed that for the first phase, the deep sea port will be implemented with US$1.3 billion (K2.4 trillion) […]

Dawei, Kyaukphyu SEZ projects to resume

Arrangements are being made for development of the Dawei Special Economic Zone (SEZ) and Kyaukphyu SEZ projects to resume, said U Khin Maung Cho, Minister for the Ministry of Industry, on behalf of the Ministry of Commerce at the Pyidaungsu Hluttaw. The government has been exploring ways to restart development of the US$8 billion Dawei […]

Myanmar to trim Kyaukphyu cost but drops Annan’s strategic review suggestion

Nay Pyi Taw’s plan to reduce the cost of Kyaukpyu Special Economic Zone, including the proposed deep-sea port, will help cap its external debt load and avoid repeating Sri Lanka’s Hambantota’s precedent, according to London-headquartered research firm BMI Research. At the same time, a government committee has dropped any mentioning of commissioning a Strategic Environmental […]

China seeking concessions from Myanmar power project

HONG KONG: China, it seems, has not given up hope of restarting its hydroelectric power project at Myitsone in northern Myanmar. According to a report published in the Asia Times, Beijing is using the proposed Myitsone power project to push for concessions from Myanmar for a much more important project — the deep sea port […]

Myanmar risks falling into a China debt trap

To understand China’s top priority in Myanmar, forget Beijing’s involvement in the country’s sputtering peace process, or efforts to restart its backed but now suspended US$3.9 billion Myitsone hydroelectric dam, or even securing rights to extract copper at the locally resisted Letpadaung mine outside of Mandalay. Those are all subordinate interests to what China really […]

China’s $7.5 Billion Myanmar Port ‘Crazy,’ Suu Kyi Adviser Says

The $7.5 billion price tag for a Chinese-built deep-sea port in the Myanmar town of Kyaukpyu was “crazy” and “absurd,” according to a key adviser to Myanmar’s leader Aung San Suu Kyi. China’s CITIC Group, which won a tender to build the port three years ago, has valued the port and an accompanying special economic […]

Construction of Dawei SEZ back on the cards

The government is exploring ways to restart development of the suspended Dawei Special Economic Zone (SEZ), saying the SEZ will benefit Myanmar as well as the region. The Dawei SEZ includes construction of the highway as well as a deep-sea port which will link Thailand, Cambodia and Vietnam in the ASEAN region to India, the […]