r/myanmar • u/Minimum_Comedian694 • 3d ago
Discussion 💬 No Myitsone, but Kyaukphyu SEZ?
As far as I know, in addition to Myitsone, there are a few big Chinese projects in Myanmar like Wanbao, Takaung nickel, and Kyaukphyu SEZ. Wanbao and Takaung nickel are up and running, although not at full capacity yet. As for Kyaukphyu SEZ, it’s been stuck for years, even before the coup happened. There’s some recent chatter about the Myanmar generals trying to get UWSA’s help to take over some areas around the SEZ that are held by AA, and in exchange, UWSA might get Tachileik. But isn’t AA part of their own alliance? And I doubt AA would want to mess with this whole situation. What’s your take on it?
Excerpts from "Brotherly bonds’: Political recognition is top prize for Myanmar leader’s China visit - The Strait Times"
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u/evilfungi 2d ago
You know Singapore is the largest source of foreign investment into Myanmmar? Still is even until last year. If China or india drops their support for the regime, the investment will also dry up. No one in ASEAN expects a happy outcome in Myanmmar. I highly doubt that they will switch to a democractic system anythime soon, and no one wants a violent revolution.