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Investors buy up Dawei real estate

By Nantiya Tangwisutijit

The price of property in Dawei has risen beyond the reach of local residents as investors from overseas and Upper Myanmar buy up land in anticipation of a new special economic zone.

While the zone has been eight years in the making, there are still few signs of development on the ground. However, recent announcements that construction is moving ahead, combined with escalating conflict in the north of the country, has led to a rise in real estate investment in the area, local residents said.

Buying property in Tanintharyi Region is an “adventure for investors” they added, as township authorities have no specific land-use policies and land ownership documents are scarce. It is therefore hard to discover who owns the land, as sellers often do not transfer ownership in written form.

Fair Share: Toward an Equitable Resource Revenue System

By Nantiya Tangwisutijit

Myanmar’s government currently collects much of the trillions of kyat generated by oil, gas, gemstones and other minerals each year, primarily through its state-owned economic enterprises (SEEs). In the face of such centralized control over revenue, many ethnic groups have long asserted their right to make decisions over resource management in their states. In fact, combatants in areas of active conflict and leaders from several ethnic minority parties—particularly those associated with Kachin, Rakhine and Shan states—have openly called for greater resource revenue sharing.

Mining ministry calls for by-law proposals

By Nantiya Tangwisutijit

The Ministry of Mines is preparing to amend the by-laws for a new mining law and has asked for suggestions and proposals.

The Pyidaungsu Hluttaw passed the new mining law in December and amended the Myanmar Gemstone Law on January 29. The ministry is now drawing up the corresponding rules and regulations.

Stakeholders can send their suggestions to the Department of Mines and Myanmar Gems Enterprise by March 6, the ministry said.

Coal Power on the Rise: Mekong Region Digs In

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While initiatives by the Asian Development Bank, ASEAN, United States, Japan, France and the private sector aim to advance renewable energy within the Greater Mekong Subregion (GMS), coal-fired power plants are slated to become an increasingly larger share of the region’s electricity generating portfolio.

US State Department Must Renew and Strengthen Reporting Requirements for Companies Investing in Myanmar

By Nantiya Tangwisutijit

EarthRights International (ERI) urged the State Department to renew and strengthen the Reporting Requirements for Responsible Investment in Burma (Myanmar), which require U.S. companies making significant new investment in Myanmar to report on their operations and explain their due diligence policies and procedures on human rights, the environment, corruption, and labor. New investors are also required to provide information on their land acquisitions and disclose payments to the government and contacts with the military and other armed groups. In a submission to the State Department as part of the U.S. Government’s review of the Reporting Requirements, ERI reiterated the importance of ensuring that new U.S. investment in Myanmar does not undermine the reform process.

Faces of Dawei, Faces of Change

By Nantiya Tangwisutijit

Dawei is a seaside community of less than 5,000 families, in one of the world’s least developed corners. Myanmar’s ever widening borders, however, have lured investments here on a scale beyond anything ever conceived within Southeast Asia.

The Dawei Special Economic Zone environs nearly 200 square kilometers of industrial development, a deepsea port and associated road, rail and pipeline links to neighboring Thailand and beyond.

Photojournalist Taylor Weidman captures the faces of Dawei as they they contemplate what lies ahead. Will their fisheries and betel nut farms still provide viable livelihoods? Will new jobs actually be available to them and their children or largely to higher skilled prospects from abroad? Will environmental controls be sufficient and sufficiently enforcement to protect the community, and the natural resources that now sustain it?