Asia Business Channel

China-Myanmar Economic Corridor gives priority to nine sectors

Myanmar is prioritizing nine sectors covering infrastructure projects under the China-Myanmar Economic Corridor. These nine sectors, part of the Myanmar Sustainable Development Plan, will include agriculture, basic construction, bridges, electricity, research, roads, technology, telecommunications and transportation.

U Thein Han, Deputy Chair of the Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) said that the nine prioritized sectors involve partnerships between Myanmar and Chinese firms.

Han was among a group of Myanmar private sector representatives who had followed government officials led by Minister for Planning and Finance U Soe Win to the second joint committee forum of the China-Myanmar Economic Corridor held in Kunming, China in late February.

During the Kunming summit, a number of agreements were discussed that are likely to be inked in April when the State Counselor attends a state-level conference in Beijing related to the China Belt and Road Initiative.

U Thein Han of UMFCCI told The Myanmar Times that “Many companies want to enter the market and we will connect them with the capable companies here depending on the company size. We have plans to connect companies of various sizes."

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