China seeks up to 85 percent stake in strategic #port in #Myanmar – gCaptain
China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, according to documents reviewed by Reuters, in a move that could heighten tensions over China’s growing economic clout in the country.
Beijing has been pushing for preferential access to the deep sea port of #Kyauk_Pyu on the Bay of Bengal, as part of its ambitious “#One_Belt_ One_Road” infrastructure investment plan to deepen its links with economies throughout Asia and beyond.
Well-placed sources told Reuters last month that China had signaled it was willing to abandon the controversial $3.6 billion Myitsone dam project in Myanmar, but would be looking in return for concessions on other strategic opportunities in the Southeast Asian nation – including the Bay of Bengal port.
Kyauk Pyu is important for China because the port is the entry point for a Chinese oil and gas pipeline which gives it an alternative route for energy imports from the Middle East that avoids the Malacca Straits, a shipping chokepoint.
Pour le moment, le port en eau profonde à l’air plutôt embryonnaire…