ISP China Desk

Despite being portrayed as a Myanmar project, it is in fact the result of the Chinese government’s expansionist vision, which explains how the Kyat 23.35 trillion (US$15 billion) required to make this project possible was secured. As is typical with Chinese infrastructure projects, construction will be undertaken by an arm of the Beijing bureaucracy, in this case a conglomerate called Yatai Group. Despite the size of the company, there is limited information publicly available about its corporate governance or development track record.