Chinese President Xi Jinping and Myanmar President Win Myint at a welcome ceremony at the presidential palace in Naypyitaw, Myanmar, in January. Photo: Reuters
Chinese President Xi Jinping and Myanmar President Win Myint at a welcome ceremony at the presidential palace in Naypyitaw, Myanmar, in January. Photo: Reuters

Myanmar moves step closer to new bids on China-backed belt and road project

  • Myanmar has opened the door for new bids against China Communications Construction Company (CCCC) for construction of the New Yangon City project
  • The so-called Swiss challenge will be an opportunity for Myanmar to demonstrate transparency and comes after CCCC was blacklisted by the US last month

Chinese President Xi Jinping and Myanmar President Win Myint at a welcome ceremony at the presidential palace in Naypyitaw, Myanmar, in January. Photo: Reuters
Chinese President Xi Jinping and Myanmar President Win Myint at a welcome ceremony at the presidential palace in Naypyitaw, Myanmar, in January. Photo: Reuters
READ FULL ARTICLE