Deal to Be Signed for BRI-Related Economic Zone in Myanmar's Kachin State

Topic: 

Belt and Road initiative, BRI, China, China-Myanmar Economic Corridor, CMEC, debt trap, economic zone, Human Rights, Kachin State, land grabs, Myitkyina, Myitkyina Economic Development Zone, neo-colonialism, property rights, Yunnan Tengchong Heng Yong Investment Company

Description: 

"The Kachin State government is planning to sign an agreement next month on the establishment of a China-backed economic zone, paving the way for the Belt and Road Initiative (BRI) project. Under the China-Myanmar Economic Corridor (CMEC) agreement, which is also a part of Chinese President Xi Jinping’s grand BRI vision, Kachin State signed a memorandum of understanding (MOU) with Yunnan Tengchong Heng Yong Investment Company (YTHIC) in May 2018 for implementation of the Myitkyina Economic Development Zone. The project, also known as the Namjim Industrial Zone, is 25 km from Myitkyina, the Kachin capital. “We are expected to sign an agreement next month,” the Kachin State chief minister, Dr. Khet Aung, told The Irrawaddy. “Currently, we are finalizing detailed negotiations and a full master plan from the Chinese company.” YTHIC and the Myitkyina zone committee, formed by the Kachin State government, are expected to build the massive site on approximately 19 sq. km along the historic Ledo Road. The road was built during World War II so the Allies could supply Chinese troops fighting the Japanese. It linked Ledo, in Indian Assam, and Kunming in China’s Yunnan Province..."

Creator/author: 

Nan Lwin

Source/publisher: 

"The Irrawaddy" (Thailand)

Date of Publication: 

2019-10-07

Date of entry: 

2019-10-09

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good