In a wide-ranging interview, the US envoy gives The Irrawaddy his thoughts on the many domestic and international challenges facing Myanmar, and the state of the bilateral relation
Serge Pun says CCCC is the only investor that can bankroll the $1.5-billion project; speakers at public hearing warn of excessive Chinese influence, point to firm’s checkered pas
The state-level steering committee must answer questions on the Chinese contractor’s qualifications, eventual ownership of the huge project and many other issues.
Formerly sanctioned by the World Bank, China Communications Construction Company is accused of corruption, bribery, environmental degradation and causing public unrest abroad.
Talks with CCCC on details of plan to develop US$1.5 billion worth of initial infrastructure for the controversial mega-project are in their final phase, overseeing agency says.
A $6.5 million investment transferred from the government’s Yangon Metropolitan Development Company to the New Yangon City project was never discussed in parliament.
Chinese factory owners looking to relocate amid trade spat with U.S., Serge Pun says
Massive, hugely expensive landfill would be required to make development of Yangon River’s west bank feasible, they say, but chief minister is undeterred.