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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 […]

Clashing with the law, SEZ body to resurrect Dawei megaproject

Myanmar’s SEZ working body announced that the long-suspended Dawei SEZ project will be resurrected this October, in a move which is set to clash with the Environmental Conservation Law because there is no known site-wide environment assessment conducted or approved. U Than Myint, chair of the SEZ Central Working Body, said during a meeting with […]

Dawei SEZ is for the few, not the many

A few elites will benefit from reviving Dawei SEZ, but what about the rest? Civil society organisations demand authorities to halt the controversial Dawei project and rethink. CIVIL society organisations have demanded the authorities to reconsider the plans to revive the controversial Dawei Special Economic Zone (SEZ). They argued that a site-wide environment impact assessment […]

Dawei SEZ’s grave human rights violations, forced evictions and flawed EIAs come under fire

From flawed land acquisition, destroyed farmlands to the lack of transparency, this project is failing on many human rights measures and threatening the lands and livelihoods of communities. DAWEI Special Economic Zone (SEZ) has been accused of grave human rights violations including forced evictions, a lack of transparency and environmental disruption as the land lease […]

Business Community: Govt Must Clarify Laws to Secure Investment

​​ RANGOON — Local and international business leaders urged the ruling National League for Democracy (NLD) government to clarify the country’s laws to secure significant foreign investment. The comments were made at a forum on promoting business in Burma at the Sedona Hotel in Rangoon on Thursday organized by international media company Bloomberg and attended […]

Myanmar kicks off investment law modernisation

Until March 26, the Myanmar government will welcome civil society consultations on a new investment law, which will combine the Myanmar Citizens Investment Law and the Foreign Investment Law. Titled “The Investment Law of the Republic of the Union of Myanmar”, the law was drafted in cooperation with the World Bank’s financial arm, the International […]