Mega projects a double edged Sword for Myanmar

Description: 

"Blessed with a strategic location between India and China in the centre of Southeast Asia, as well as direct access to the Indian Ocean, Myanmar is a source of envy for neighbouring countries. It should come as no surprise that the region’s most powerful players like China and Japan are competing with each other to establish three major South and Southeast Asian economic corridors in the country from the South China Sea to the Indian Ocean, while India is pushing for a cross-border transport system and sea route project with Myanmar. Make no mistake: None of those corridors would be complete without Myanmar due to its geographical importance. In the meantime, from the country’s west in Rakhine, to the south in Yangon and Tanintharyi, north in Kachin, central region in Mandalay and areas on the Chinese border in Shan State, 10 mega-infrastructure projects worth billions of dollars that are related to these corridors and India’s cross-border project are on their way for Myanmar..."

Source/publisher: 

"Belt & Road News"

Date of Publication: 

2019-08-11

Date of entry: 

2019-08-29

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China, Thailand, India, Cambodia, Japan

Language: 

English

Resource Type: 

text

Text quality: 

    • Good