Myanmar: Award of Kyaukphyu Special Economic Zone project to CITIC Consortium met with local opposition; locals file complaint with SEZ Committee

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19 January 2016

Citic Consortium awarded Kyaukphyu SEZ project

Author: Frontier Myanmar

4 Jan 2016

An international consortium headed by one of China’s biggest conglomerates has been awarded the project to develop the Kyaukphyu Special Economic Zone in Rakhine State…

The consortium is headed by CITIC and includes four other Chinese industrial and investment groups and one of Thailand’s biggest conglomerates, Charoen Phokphand…

Work on the 1,000-hectare (2,471- acre) industrial park is due to begin next month and be built in three phases…[T]he park will include textile and garment factories and construction materials and food processing industries, as well as marine supply and maintenance facilities…

The [Xinhua] news agency said that by 2025, 90 percent of the project managers at the two projects would be Myanmar citizens. It said the two projects would contribute about US$10 billion in annual GDP growth to Myanmar...

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19 January 2016

Rakhine locals to dispute SEZ tender

Author: Htin Linn Aung, Myanmar Times

8 Jan 2016

Rakhine State locals are lodging complaints with a Kyaukphyu special economic zone (SEZ) committee…according to a local NGO group, after a consortium led by Chinese firm CITIC won two tenders to develop the controversial project…

The selection of a consortium led by a Chinese firm has done nothing to soothe local concerns. Some Rakhine locals have pointed to CITIC’s nationality as yet another concern. Several Chinese firms or projects involving Chinese companies have under fire from local protestors…

But Rakhine people told The Myanmar Times that a larger concern was that the CITI-led-consortium will have a 70-year lease on the land, which can be extended.

[U Tun Kyi, secretary of Kyaukphyu Regional Development Association, a local NGO said], “…I want to raise questions about plans for the long-term interests of locals. We’ll wait and see how the committee responds, and if it doesn’t have a plan we’ll demand one.”…

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18 January 2016

Consortium pledges ‘best practices’ in Kyaukphyu SEZ

Author: Mizzima (Myanmar)

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…

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