Irrawaddy-July 19

Amid Myanmar’s COVID-19 spike, the developer of the controversial China-backed Shwe Kokko new city project near the Thai border in Karen State has been recruiting staff, prompting fears over a rise in cross-border crime. The Irrawaddy has been told Yatai International Holding Group (IHG), which is run by Chinese investors accused of running illegal casinos in Cambodia and the Philippines, has been recruiting a manager for a five-star hotel, human resources manager, an accountant and gardeners this month. Sometimes called “China Town”, the project is also being controlled by the Karen State Border Guard Force (BGF), an armed group backed by Myanmar’s military and led by Colonel Chit Thu which was formerly known as the Democratic Karen Buddhist Army. IHG’s business plan identifies casinos as the top source of revenue, projecting an income of US$11.4 billion (19 trillion kyats) within 10 years. The project was suspended after the ousted National League for Democracy government formed a tribunal to investigate irregularities, an alleged lack of transparency, land confiscations, confusion over the scale of construction, an influx of Chinese money, suspected illicit activity and residents’ concerns about the social impacts of the casinos.

Read more at: https://www.irrawaddy.com/news/burma/chinese-casino-city-in-myanmar-recruiting-despite-covid-19-crisis.html