Kyauk Phyu SEZ deep-sea port project offers benefits for both Myanmar and China
Publish：2019-01-03
Recently at the Myanmar Embassy in Beijing, Global Times reporters Li Sikun and Li Qiaoyi (GT) got a rare interview with U Thit Linn Ohn (TLO), Myanmar Ambassador to China, seeking his input into some of the most important questions regarding the bilateral ties, most notably the CMEC.
GT: A consortium led by China's CITIC Group and Myanmar signed a framework agreement on the Kyauk Phyu SEZ deep-sea port project recently. What's your outlook for the port project's role in Myanmar's future development plans?
TLO: The project offers practical benefits for both countries. Deep-sea ports differ from normal ports in that they are intended for anchorage of large tonnage vessels. Myanmar will make much of the deep-sea port project. Along with the building of the port project will come plans to build a special economic zone, creating many job opportunities for local residents. The development of the region where the port project is situated will also be accelerated, which will gradually give a boost to the local tourism as well.
Rakhine State, home to the Kyauk Phyu SEZ deep-sea port project, is the second most un-developed area in Myanmar. The State is in urgent need for building of roads, railroads, and electrical infrastructure. After the completion of the port project, there will also be a need for profitability. We can see with our eyes that the region will surely be embracing greater development. Although some of the negotiations under way may still take time, the region's development is unstoppable.
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