Chapter 1156: Three major projects
"Myanmar's civil strife has subsided and things have come all of a sudden. Your Economic and Commercial Office is indeed under great pressure. And there are many problems involved, and it is not something that your Economic and Commercial Office can solve."
"However, reconstruction work is the top priority of our embassy's work now."
"I think so, the embassy temporarily formed a 'Myanmar Reconstruction Working Group', with me as the team leader, and several other counselors served as deputy team leaders. The specific work is still managed by the Economic and Commercial Office, but when encountering problems that need coordination, you can directly contact me and several counselors to discuss and assist."
Agricultural Counselor Zhang Yaqiang began to talk about his own problems.
"Myanmar is an agricultural country, and agricultural products have always been Myanmar's main source of income. The agricultural output value accounts for as high as 36.98% of GDP. The main crops include rice, beans, oil crops, cotton, sugarcane, jute, rubber and oil palm. It is the world's main exporter of rice and one of the major importers of rice in our country."
"Myanmar's agricultural product exports account for 14.5% of the country's total exports, and agricultural practitioners account for 63% of the total labor force in the country. The top ten major crops of Myanmar's agriculture are: rice, sugar cane, long-lived cotton, corn, peanuts, sesame, sunflower, black beans, mung beans and red beans, etc.."
"However, Myanmar's agricultural mechanization level is low and its development potential is huge. The total number of cultivated mu accounts for only about 43% of the total cultivated land area, and a large area of land is idle."
"Previously, our country has signed many agricultural-related cooperation projects with the Myanmar government, including importing rice, exporting agricultural machinery and equipment, leasing Myanmar land to grow grain, and growing organic crops."
"Due to civil strife, all of these projects have been put on hold, and our investment in agriculture has also been wasted. Now the Ministry of Agriculture has proposed to take back the original projects and continue to do it. I hope our embassy can assist in handling the communication with the Ministry of Agriculture of Myanmar."
Mu Yang nodded and said, "This work must be done well, which is also the business of Huili. I believe that Myanmar will attach great importance to it. I will communicate with President Sai Maokang first and instruct this matter."
After Mu Yang finished speaking, he looked at the Executive Counselor Zhang Sheping and said with a smile, "What is the thick stack in your hand?"
Zhang Sheping smiled and said, "Ambassador, this is a document sent by the Ministry, but it seems that Director Cheng said that this was handed over to you, saying that Minister Liu has communicated with you on the phone about these matters."
"Oh, these are the major projects mentioned by Minister Liu. It is said that China Railway Group, China Electric Power Investment Group, and China Ordnance Industry Group have all found the Ministry of Commerce and the National Academy of Benefits, hoping to reboot these projects with the help of the new Myanmar government."
"Comrades, maybe you have heard of these projects before, namely the China-Myanmar Kunming-Kyaukpyu Railway, the Mysson Hydropower Station and the Leipzitang Copper Mine. At that time, China made a lot of efforts from consultation to achievement of the intention, but it was finally taken down for one reason or another, which made many people feel sad."
"Take the China-Myanmar Kunming-Kyaukpyu Railway Project as an example, it was an important part of the Pan-Asian Railway Line proposed that year. Consultations began in 2010. In April 2011, China Railway Engineering Corporation and the Ministry of Railway Transport of Myanmar signed a memorandum of understanding for the project, stipulating that the construction of the project will be started within three years from the date of signing. The project was originally planned to invest US$20 billion and will be completed before 2015. Our Chinese side is responsible for raising most of the funds and has correspondingly 50 years of operation rights."
"But it was because of such generous conditions that the Burmese people finally repent. Why? It's not because someone interfered with it."
"In 2013, Japan's **** Cabinet Deputy Prime Minister Taro Aso, who had just taken office, visited Myanmar. Aso said that Japan will give up about 300 billion of the 500 billion yen debts owed by Myanmar, and the remaining 200 billion will be resolved through Japanese banks in the form of financing."
"In March 2014, just as we were building a blueprint for Pan-Asia railway in China, Japan announced free assistance to Myanmar 7.8 billion yen, approximately RMB 472 million, to help build railways and other facilities. Japanese Foreign Minister Kishida, who was visiting Myanmar at the time, did not hide the restraint of Japan's move on China. The Japanese devils were secretly interfering, and finally caused the railway project to abort. On May 24, 2014, the Ministry of Railway Transport of Myanmar stated that the Kunming-Jiaodiao Railway Project was suspended without the consent of the people."
"Our country has invested a lot of energy in the early stage to investigate and survey the routes and geology, draw the route map, and even on the Kunming line in China, it has started to dig tunnels. Myanmar has given up this large project involving US$20 billion because of a little immediate benefit. I can only say that the Wu Minhui government is very short-sighted."
Speaking of this, Mu Yang was so angry that he slapped the table.
"The Lebitang Copper Mine has invested more than 1 billion US dollars in my country and has been completed and put into production. However, local people protested that the compensation for demolition was unfair and polluted the environment. However, the demolition funds have been given to the Myanmar side, and they embezzled them. In the end, the project was suspended due to this incident, and our country suffered huge losses."
"The Myitsone Hydropower Station project is planned to invest 3.6 billion US dollars, mainly funded by China. In the end, China and Myanmar benefited from the production of electricity. Several million of the previous investment planning exploration have been thrown away, but it was finally stopped."
"Myanmar is extremely short of electricity. Myanmar's current electricity supply is even less than 20%. There is no electricity in remote rural areas, townships limit electricity, insufficient urban electricity supply, and shortage of industrial electricity. It can be said that insufficient electricity has greatly restricted Myanmar's development, but that's the case, the Myanmar government has stopped this project."
Before, Mu Yang didn't know about these projects. He knew that these things were also after Minister Liu, who was in charge of the Asia Department, asked him about the three major groups finding the Ministry of Commerce and the National Academy of Fisheries, hoping to restart the project. Mu Yang checked the relevant information and learned about these situations.
It can be said that this is also the place where China's foreign investment fails. Each project has invested a lot of energy and funds in the early stage, but it is called off when it is stopped. This involves economic factors, but more importantly, political factors.
Cooperating with an unstable and untrustworthy government often has greater risks than economic dangers.
This is also one of the reasons why Myanmar has not been able to develop well in the past few years. Because of the continuous investment accidents, the international community has caused concerns about the investment environment in Myanmar.
Businessmen invest to make profits, but if the government is untrustworthy, changes orders every day, and stops projects at will, causing huge losses to investors, who is willing to invest in your country?
Chapter completed!