In his article in the UMFCCI Centennial Magazine, Myanmar: Going from Pause to Fast Forward with China’s Belt and Road Initiative (BRI), CESD chairman U Myint outlines key issues around China’s Belt and Road Initiative (BRI) and a possible way forward for both Myanmar and China. U Myint points out the stalling of the Myitsone dam project as the “Pause” to the BRI and the China Myanmar Economic Corridor (CMEC) and Kyaukphyu Special Economic Zone (SEZ) as a “Fast Forward” option that would be beneficial to beneficial to both countries.
The various challenges posed by the Myitsone dam project from growing tensions with China over the stalling of the project to environmental and technical concerns surrounding the project are highlighted in the article as reasons to ultimately cancel the project.
Conversely, the China Myanmar Economic Corridor and the Kyaukpyu Special Economic Zone present an opportunity for Myanmar to take advantage of the BRI while still benefiting China. Both projects would connect the overland transport routes and the “Maritime Silk Road” proposed by the BRI. However both the CMEC and SEZ each entail their own complications that would need to be navigated carefully in order to reap the most benefit and minimize any long term detrimental effects.
The full article and can accessed below:
Myanmar: Going from Pause to Fast Forward with China’s Belt and Road Initiative (BRI) July 2019, English (261.9 KB)