Developer says ‘New City’ on Thai-Myanmar border part of BRI, despite China’s denials
The Chinese developer of a “new city” project on the Myanmar-Thai border has insisted the project is part of China’s Belt and Road Initiative (BRI), despite the Chinese Embassy in Myanmar denying the claims.The project in Karen State, known locally as the Shwe Kokko New City after the village where it is located, was launched in 2017 by Yatai International Holdings Group (YIHG) after the company signed a deal with a local ethnic Karen armed group, the Border Guard Force (BGF).Locals have criticised the project over what they see as a lack of transparency, as well as confusion over the scale of construction and a growing influx of Chinese migrants. Also, suspicions have been aroused over possible illicit activity and concerns about the social impacts of casino businesses.From the beginning,...