Myanmar's strategic coastline draws big Asian economies

Japan and India vie with China in construction race, but debt fears mount

20190702N Myanmar port

A container terminal near Yangon: Myanmar has been building more port capacity as its economy grows. © Reuters

YUICHI NITTA, Nikkei staff writer

YANGON -- Asia's biggest economies of China, Japan and India are aggressively backing new port projects in Myanmar, seeking to gain a foothold on the coastline of the geographically prized nation.

Located between China, India and Southeast Asia, Myanmar features prominently in regional plans to boost logistical connectivity.

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