Scrutiny needed to ensure Belt and Road projects are viable, says think-tank

Sub-title: 

China’s Belt and Road Initiative (BRI), seen most visibly in Myanmar through a proposed “economic corridor” between the two countries, requires government and media scrutiny and regulations to ensure projects are done in a socially and environmentally res

Description: 

"Transnational Institute, an Amsterdam-based think-tank focused on building a just, democratic and sustainable planet, released a briefing paper this month on the Belt and Road Initiative (BRI) in the Myanmar context. The paper examines four major infrastructure projects in Myanmar: the interconnection of Myanmar and Chinese electricity grids; a proposed railway from Kunming to Kyaukphyu; a land and waterway passage between the two countries, and industrial hubs. “These cases highlight a lack of transparency and meaningful consultation, as well as the questionable financial viability and potentially harmful social, economic and environmental impacts of such projects,” the research paper stated. Stephanie Olinga-Shannon, the paper’s author, said the BRI is a “branding exercise” for activities to address the crisis in Chinese capitalism. In contrast to the pervasive perception of the initiative as a predetermined grand strategy led by Beijing, the scheme in practise consists of a wide range of business- and provincial government-driven projects..."

Creator/author: 

John Liu

Source/publisher: 

"Myanmar Times" (Myanmar)

Date of Publication: 

2019-11-15

Date of entry: 

2019-11-18

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good