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China Power Investment tells National League for Democracy delegation it wants to restart Myitsone Dam project in Myanmar, suspended over environmental concerns

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5 September 2013

60% of Investment Already Paid for Suspended Myitsone Dam: Chinese Developer [Myanmar]

Author: May Kha, Irrawaddy (Myanmar)

The Chinese backer of the Myitsone dam project says more than half the funds to construct the multi-billion-dollar project have already been paid to Burma…The project was suspended last year by Burma’s President Thein Sein, who faced mounting public criticism over its potential environmental and social impact…[Q]uestions have arisen over how the funds were spent…[A China Power Investment representative] denied reports of activity at the Myitsone site...[refers to Asia World]

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22 May 2013

China should discuss Myitsone issue only with president: Suu Kyi [Myanmar]

Author: Eleven (Myanmar)

Myanmar's opposition leader Aung San Suu Kyi told China to deal directly with the government if they wish to resume the controversial Myitsone project…"What I want to say is that the Myitsone issue should be put forward to President Thein Sein only. I don't know why the Chinese government officials have asked us." Suu Kyi said. President Thein Sein announced the suspension of the project, which was being built on the Ayeyawady River…in September 2011. He sent a message to Parliament in September 30, 2011, saying the Myitsone dam project would be suspended during his presidency on grounds of social and environmental impacts.

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21 May 2013

In Meeting with NLD, Myitsone Investor Says It Hopes to Restart Project [Myanmar]

Author: Kyaw Phyo Tha, Irrawaddy (Myanmar)

The main investor in the controversial Myitsone hydropower dam in Kachin State has expressed a desire to restart the suspended project, according to members of a National League for Democracy (NLD) delegation that traveled to China…NLD Central Executive Committee member Nyi Pu said that the China Power Investment Corporation (CPI), a Chinese state-owned company that had committed most of US $3.6 billion needed to build the dam, raised the issue at a dinner meeting in Beijing…In September 2011…Burmese President Thein Sein suspended the project until at least 2016, when his term in office expires…[citing] environmental concerns and widespread public criticism.

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