The Belt and Road Initiative and Myanmar : Challenges for Responsible Investment

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

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Author(s)

Detail(s)

Original languageEnglish
Article number2150011
Number of pages38
Journal / PublicationChina and the World: Ancient and Modern Silk Road
Volume4
Issue number2
Publication statusPublished - Jun 2021

Abstract

Chinese grand infrastructure projects in the Belt and Road Initiative (BRI) program are instrumental for Myanmar to bridge the voluminous bottle- necks in transportation and energy infrastructure essential for economic devel- opment. However, the high project costs as well as the project design and execution have raised skepticism over their benefits for Myanmar, in particular the economic viability and disruptive impacts for the local ecology and culture. The military coup in February 2021 in Myanmar deepened the skepticism to the Chinese and even outright hostilities to some projects. This paper reviews the broader context of the local receptions to the Chinese investment, drawing upon in-depth fieldwork in Myanmar, and suggests the potentials of leveraging Hong Kong’s managerial and professional experience in enhancing responsible investment in the BRI.

Research Area(s)

  • Belt and Road Initiative, Myanmar, responsible investment, Hong Kong