Myanmar COVID-19 Recovery Plan Won't Favor China's BRI Projects, Official Says

Description: 

"When Myanmar announced its seven-point economic relief plan to mitigate the economic impact of COVID-19 in late April, one item immediately raised eyebrows among China analysts in the country. The initiative’s third main objective is stated as “Easing the Impacts on Laborers and Workers”, and one of the ways the government intends to achieve this is putting laid-off laborers and returning migrants to work on “Implementation of Labor-Intensive Community Infrastructure Projects” before the end of this year. At first glance, it seems a worthy goal, as it aims to benefit workers affected by the coronavirus pandemic. However, with several megaprojects in the planning stages as part of China’s Belt and Road Initiative (BRI), experts are concerned that the COVID-19 Economic Relief Plan (CERP)’s emphasis on reviving the economy will see Myanmar push ahead with the implementation of BRI projects without properly assessing their risks in terms of conflict sensibility, potential for incurring unsustainable debt and commercial viability, among other criteria. Adding to their worries, shortly after the plan was unveiled, Chinese Ambassador to Myanmar Chen Hai and Myanmar’s Deputy Minister for Planning, Finance and Industry U Set Aung met to discuss how to move forward on the development of China’s ambitious projects in Myanmar in the context of the CERP. The New Yangon City; Kyaukphyu Deep-Sea Port and Industrial Zone; and China-Myanmar Cross-Border Economic Cooperation Zone projects—all of which were agreed during Chinese President Xi Jinping’s visit to Myanmar in January—were among those discussed at the meeting..."

Creator/author: 

Nan Lwin

Source/publisher: 

"The Irrawaddy" (Thailand)

Date of Publication: 

2020-06-11

Date of entry: 

2020-06-20

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good