The policy “has the strong potential to kill off any meaningful level of future foreign investment in mineral exploration.”
Category: Myanmar
Myanmar engages Swiss firm to scrutinize BRI project
The US$8.9 billion Muse-Mandalay Railway project is part of the backbone of the China Myanmar Economic Corridor (CMEC), which is itself part of the Belt and Road Initiative (BRI).
Myanmar Cautioned About Costly Borrowing From China
Aung Thu Nyein, director of interactions at the Institute for Strategy and Policy–Myanmar, stated the loans provided by China under the BRI are making the scenario even worse.
Myanmar revamps industrial zone law
The new Law seeks to address the prevalent problem of land speculation and improve environmental governance of more than 60 industrial zones across the country.
Companies fail to address Myanmar jade mine abuses
Report says the jade mining industry helps to finance conflicts between the army and armed ethnic groups, causes land degradation, water pollution and landslides that kill hundreds annually.
IFC to boost funding for off-grid solar power in Myanmar
The IFC said it had proposed arranging a loan package of $80 million to the energy firm, which builds micro power plants and mini-grids in Myanmar.
Campaign to raise environmental awareness
The EU is about to launch their “Doh Gabar” (Our Earth) campaign, a six-week multimedia digital exhibition featuring the creative works of Myanmar visual artists, celebrities and eco-champions.
Myanmar to build high-quality oil refineries
Refineries will be built in Myanmar’s central region through China-Myanmar crude oil pipeline and new Integrated Refinery and Petrochemical Complex will be constructed near Yangon.
UNDP Equator Prize to indigenous land stewardship in Myanmar
Salween Peace Park in Myanmar employs a vision of sustainable natural resources use through an expression of Karen indigenous identity, based on peace and self-determination.
The many-sided fight over northern Kachin’s forests
The derailing of Hkakabo Razi’s World Heritage bid reveals a multifaceted battle of interests spanning international conservation, commercial exploitation, party politics and local forest management.