After Pakistan, China trying to build economic corridor to Myanmar

BEIJING: China and Myanmar are close to signing a deal on the establishment of a China-Myanmar Economic Corridor along the lines of the controversial China-Pakistan Economic Corridor (CPEC). Once launched, the project will unleash a massive inflow of Chinese funds to Myanmar which can further weaken Indian influence over its eastern neighbor. A senior Myanmar […]

China, Myanmar Agree 15-Point MoU on Economic Corridor

YANGON — Chinese and Myanmar officials agreed a 15-point Memorandum of Understanding (MoU) on building a China-Myanmar Economic Corridor, part of China’s One Belt One Road Initiative, said U Min Zaw Oo, the director of the Directorate of Investment and Company Administration (DICA). “The agreements have been reached. The 15-point MoU is ready,” U Min […]

Investors to be invited for China-Myanmar Economic Corridor

YANGON- Government will be inviting local and international investors aiming to build basic infrastructures such as industrial zones, urban development projects and agricultural zones which are being included in China-Myanmar Economic Corridor project, says Directorate of Investment and Companies Administration (DICA). China is implementing the One Belt, One Road Initiative. Moreover, economic corridor project also […]