The consortium of companies that will build energy and industrial projects in the Kyaukphyu special economic zone (SEZ) in Myanmar have pledged to protect the environmental and social interests of local residents…

 “The investment of CITIC and our partners in Kyaukphyu was driven purely by business values,” Yuan Shaobin, vice chairman of CITIC Construction, told Xinhua, a state-owned news agency.

Before launching the projects, he said the consortium will hire well-known global companies to conduct environmental impact assessments.

“We want the local people to live in a more orderly, beautiful, convenient and comfortable Kyaukphyu,” Yuan said, adding that 2,000 job opportunities will be available for local residents…