Myanmar needs strong governmental role in taking on China's BRI projects

Description: 

"MYANMAR would need to take a strong governmental role is to accelerate the China-Myanmar Economic Corridor (CMEC) as it becomes an active part of China's Belt and Road Initiative (BRI), following the suspension of a controversial hydropower dam venture in 2011, an senior Burmese economist has suggested. Dr U Myint, formerly chief economic adviser to former Burmese leader Thein Sein, said the previous and present Myanmar governments have taken different approaches to engaging China over large-scale infrastructure projects. "This apparently inconsistent policy has the potential to cause confusion and anxiety among the Myanmar public and implementing officials, who are usually not included in or consulted on decisions related to investment or infrastructure projects. Past experiences in dealing with China may also cause skepticism on the part of both the public and bureaucrats," Dr U Myint wrote in a guest publication for Singapore's ISEAS-Yusof Ishak Institute published Tuesday..."

Source/publisher: 

"The Business Times" (Singapore)

Date of Publication: 

2019-10-29

Date of entry: 

2019-10-30

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good