Description:
''Ning Jizhe, vice chair of China’s top planning agency National Development and Reform Commission (NDRC), visited Myanmar from November 24 to 27. The visit is built on the consensus reached by State Counsellor Daw Aung San Suu Kyi and China’s leader Xi Jinping at the end of 2017, with regards to the China-Myanmar Economic Corridor (CMEC).
Mr. Ning visited the sites of CITIC Group, China Communications Construction Company Limited (CCCC), China Railway Group Limited (CRG) and Yunnan Provincial Energy Investment Group Co., Ltd. (YEIG).
CITIC leads a consortium which was chosen by the government as the developer of a proposed deep-sea port in Kyaukphyu, central Rakhine. CCCC, a China state-owned company and was sanctioned by the World Bank for its fraud and corruption practices from January 2009 until January 2017, signed an agreement with a regional body to prepare a detailed infrastructure proposal for an ambitious new Yangon city project...''
Source/publisher:
Myanmar Times
Date of Publication:
2018-11-30
Date of entry:
2019-01-23
Grouping:
- Individual Documents
Category:
Geographic coverage:
- Myanmar and China
Countries:
Myanmar
Language:
English
Format:
Size:
Resource Type:
text
Text quality:
- Good