Posted inAT Finance, Myanmar

China-led port project inches ahead in Myanmar

Myanmar’s US$1.3 billion Kyaukphyu deep-sea port project, a China-backed scheme under Beijing’s Belt and Road Initiative (BRI), is one small step closer to realization. CITIC Group Corporation, the Chinese state firm leading the project, started this month a legally required environmental and social impact assessment (ESIA) and preliminary geological survey, the first signs of on-the-ground […]

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