Yunan-Myanmar border, Sept 2009. Wikimedia Commons
By Sithu Aung Myint
Frontier Myanmar-Nov 30
The Myanmar government needs to ensure that mega Chinese investment projects truly serve the national interest. On November 8, the Myanmar government and one of China’s biggest conglomerates, state-owned CITIC Group Corporation Ltd, signed a framework agreement for the Kyaukphyu deep-water port project in Rakhine State. Deputy Minister of Finance and Planning U Set Aung, who chairs the Kyaukphyu Special Economic Zone management committee, said the signing had followed lengthy and difficult negotiations between the two sides.
Read more at: https://frontiermyanmar.net/en/enter-the-dragon
First published in: Frontier Myanmar