Part of BRI’: Chinese developer contradicts Beijing’s stand on ‘new city’ project on Myanmar-Thailand border

Times Now Digital

Updated Sep 02, 2020 | 16:38 IST

Locals have criticised the Chinese project citing lack of transparency over the scale of construction and the increasing influx of Chinese migrants.

Photo Credit: AP

Myanmar Police. | Representative Image

Key Highlights

The project in Myanmar’s Karen is locally known as ‘Shwe Kokko New City’ after the village where it is situated
It was launched in 2017 by the Yatai International Holdings Group in a deal with the ethnic Karen armed group – the Border Guard Force
The company also has alleged links to illegal cryptocurrency and casino operations, locals claim

Yangon: China is yet again in another soup after one of its real estate developers and the country’s establishment have given contradictory statements on a project that’s coming up on the Myanmar-Thailand border under Beijing’s controversial Belt and Road Initiative (BRI).

The developer of a ‘new city’ project on the border has claimed that the development is part of BRI despite the Chinese Embassy in Yangon denying it in an official statement.

Advertising

The project in Myanmar’s Karen is locally known as ‘Shwe Kokko New City’ after the village where it is situated. It was launched in 2017 by the Yatai International Holdings Group (YIHG) in a deal with the ethnic Karen armed group – the Border Guard Force (BGF), according to the publication The Irrawaddy.

Locals have criticised the Chinese project citing lack of transparency over the scale of construction and the increasing influx of Chinese migrants. Furthermore, the company also has alleged links to illegal cryptocurrency and casino operations.

“Recently, some media reported on the Shwe Kokko New City project in Myawaddy, Karen State, Myanmar, claiming that the project involved gambling and other issues, which cast a negative impact on the local society. The Shwe Kokko New City project is a third-country investment and has nothing to do with the Belt and Road Initiative. The Chinese and Myanmar governments have reached a clear consensus on this. The Myanmar side has already stated its position to the public,” the Chinese Embassy in Myanmar said in its statement on August 25.

However, the developer asserted that the $15 billion project was part of BRI, which also includes several other projects in Myanmar.

Interestingly, the YIHG said in a bizarre statement on its WeChat account, “This project is not the act of the Chinese government, but is still in service of the Belt and Road Initiative.”

“China’s position on cross-border gambling is consistent and clear, that is, Chinese capital is not allowed to invest in foreign casinos, Chinese citizens are not allowed to participate in foreign casino operation, and foreign casinos are not allowed to attract Chinese citizens to gamble. The Myanmar government has established a task force to investigate and deal with the issue of Shwe Kokko New City project in accordance with laws and regulations. China has expressed its support to this,” the Embassy statement further said.

https://www.timesnownews.com/international/article/belt-and-road-initiative-chinese-developer-contradicts-beijing-stand-on-shwe-kokko-new-city-project-on-myanmar-thailand-border/646618

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is with mujahedeen somewhere in AF PAK border area” For authenticity of this tape journalists can easy reach to his home town to interview his family members or ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger , Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018 43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and

Baloch House

Search This Blog