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China-Myanmar Investment Cooperation Under the "Belt and Road Initiative": Experiences, Challenges, and Recommendations

2018-08-22, from Development Research Center of the State Council, P.R. China

Author: Center for International Knowledge on Development (CIKD)

E-mail: Mr. Taidong ZHOU, Email: zhoupetrel@hotmail.com

Abstract: Myanmar is an important partner in the joint construction of the "Belt and Road Initiative”. In Myanmar, Chinese firms have accumulated useful experience worth summarizing and popularizing by fostering the investment idea of international operation and localized development, highlighting the commercial orientation of the project, high-standard construction and management norms, as well as attaching importance to corporate social responsibility and management of public relations. After the new National League for Democracy(NLD)'s government coming into power in Myanmar, it demonstrated a positive attitude towards the "Belt and Road Initiative" and China-Myanmar investment and cooperation.

The report made the following recommendations. Firstly, the investment experience of Chinese enterprises in Myanmar should be studied and summarized with an aim to improve the internationalization and localization of enterprises, and optimize the investment entities and areas in future cooperation; secondly, efforts should be made to help Myanmar improve its business environment by sharing experiences in the construction and management of industrial parks in China; Last but not lease, Chinese think tanks, NGOs and the media should be encouraged to "go global" and advance the in-depth development of the "Belt and Road Initiative".

Keywords: the "Belt and Road Initiative”; Investment; Myanmar

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