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What's Behind the China-Myanmar Economic Corridor 'Plus' Initiative? – The Diplomat

The vague plan would see mainland Southeast Asian countries contribute to the flagship Chinese infrastructure initiative.

Myanmar , Japan , Baoshan , Heilongjiang , China , Vietnam , Republic-of , Dawei , Tanintharyi , Laos , Russia , Eryuan

Chinese Group Proposes Major Garment Manufacturing Hub in Northern Myanmar


Chinese Group Proposes Major Garment Manufacturing Hub in Northern Myanmar
A scenic view from the Sagaing Hills. / Zaw Zaw / The Irrawaddy
4.0k
By Nan Lwin 26 January 2021
YANGON—A Chinese textile group has submitted a proposal to implement an international textile manufacturing cluster project in a major town in Sagaing Region, an economic hub for Upper Myanmar, at an expected cost of more than US$370 million (493.49 billion kyats).
The Ministry of Planning, Finance and Industry (MOPFI) said China’s Jiangsu province-based Eastern Development International (Myanmar) Co. Ltd. (Dongzhan Textile Group – China) made an unsolicited proposal for the project in Sagaing city, which if accepted would be the first textile-based industrial cluster to be developed in the country.

China , Sagaing , Sagain , Myanmar , Yangon , India , Switzerland , Dongzhan , Jiangxi , Chinese , Swiss ,

Myanmar's Economic Year in Review


Myanmar’s Economic Year in Review
Myanmar's business hub, Yangon. / Htet Wai / The Irrawaddy
4.8k
By Nan Lwin 25 December 2020
YANGON—The Myanmar government began 2020 with high expectations that it would be the year the economic liberalization and reforms it introduced during the previous four years would begin to bear fruit. However, the COVID-19 pandemic upended its plans, slowing Myanmar’s economic growth to 1.7 percent in fiscal 2019-20 from 6.8 percent in 2018-19, not only hammering small and medium-sized enterprises (SMEs) and the tourism and garment/textile sectors, but also delaying important economic events and activities needed to spur foreign direct investment (FDI).

Nabule , Tanintharyi , Myanmar , Naypyitaw , Mandalay , Japan , Yangon , Thailand , Cambodia , China , Vietnam , Republic-of