Myanmar gives go-ahead to Kyaukphyu SEZ, China's CITIC to hold 85% stake

Myanmar gives go-ahead to Kyaukphyu SEZ, China's CITIC to hold 85% stake

The Myanmar Parliament has given its go-ahead to the ambitious Kyaukphyu oil and gas special economic zone project, in which China’s conglomerate CITIC will hold 85 per cent stake with Myanmar state retaining the rest.

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