"The committee said the Ministries of Home Affairs; Agriculture, Livestock and Irrigation; Transport and Communication; Electricity and Energy and; Industry took the largest loans. According to the report, loans rose by more than US$1 billion (K1.587 trillion), or 11.5pc, between fiscal 2016-17 and 2017-18. Of the total loan amount as of March 2018, loans from China formed the biggest amount totaling US$4 billion. Some US$1.11 billion has been repaid. The Export-Import Bank of China(Exim China) was the creditor for the majority of the loans taken out by the Ministries of Electricity and Energy; Defence; Industry and; Agriculture, Livestock and Irrigation. Examples of loans from Exim China include the Ministry of Electricity and Energy’s Thout Yay Khat 2 project with Shwe Swan-in Co Ltd where the firm still owes US$5.2 million in capital and a further US$2.7 million to the ministry. A long-planned caustic soda plan project for which Myanmar Economic Holdings Ltd (MEHL) had signed a 690-million-yuan loan with Exim China in June 2010 remains unbuilt despite 276 million yuan having been spent and MEHL having transferred the No 3 Heavy Industries Enterprise to implement the project. To-date, the government has repaid 289 million yuan in capital and interest and only expressions of interest have been invited for the project..."