Nine Sectors to have priority under the China-Myanmar Economic Corridor

Description: 

"Myanmar is prioritising nine sectors covering infrastructure projects under the China-Myanmar Economic Corridor although more specific details as to which of the projects have been chosen remain under wraps. These sectors, part of the Myanmar Sustainable Development Plan, include electricity, road, bridge, telecommunication, basic construction, agriculture, transportation, research and technology. Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) deputy chair U Thein Han said that the nine prioritized sectors involve partnerships between Myanmar and Chinese firms. He was among a group of Myanmar private sector representatives who had followed government officials led by Minister for Planning and Finance U Soe Win to the second joint committee forum of the China-Myanmar Economic Corridor held in Kunming, China in late February. It has been learnt that a number of agreements “is likely” to be inked in April when the State Counselor attends a state-level conference in Beijing related to the Belt and Road Initiative. “Many companies want to enter the market and we will connect them with the capable companies here depending on the company size. We have plans to connect companies of various sizes,” U Thein Han said..."

Source/publisher: 

"Belt & Road News" (China)

Date of Publication: 

2019-03-09

Date of entry: 

2019-09-28

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good