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Myanmar’s military junta revives scope of BRI projects
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Synopsis
In March, the ruling junta approved the $2.5 billion Mee Lin Gyaing, a liquefied natural gas power project under BRI in Ayeyarwady region. This is the first major foreign investment approved by the regime, according to The Irrawaddy, Myanmar’s leading media outlet.
Agencies
Beijing has been repeatedly pushing for the speeding up of the BRI projects.
India’s eastern neighbour, Myanmar, that was circumspect of China’s BRI projects and even reduced the scope of the projects over the last few years has sought to give a momentum to China’s grand initiative in recent months.