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Opinion

China's latest Myanmar megaproject courts controversy

Critics portray ambitious Kyaukpyu port and industrial park plan as 'Trojan horse' for Beijing's interests

| Myanmar, Cambodia, Laos
Long delays in the Kyaukpyu project reflect Myanmar authorities' financial, political and security concerns.   © Reuters

Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country's largest foreign investment.

With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar.

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