Four economic corridors to develop in Myanmar

Four economic corridors to develop in Myanmar
Trucks seen on Mandalay-Muse road (Photo-Tun Nay Hlaing)
Trucks seen on Mandalay-Muse road (Photo-Tun Nay Hlaing)
Published 25 October 2018
Nilar

Myanmar is developing four economic corridors including northeast-southwest economic corridor connecting between Kyaukphyu and Muse by crossing Mandalay and east-west economic corridor connecting between Myanmar, India, China and Thailand, according to a project to elevate investment in Myanmar.

The National Comprehensive Development Plan 2011-2030 (NCDP) stated regional development framework with many ways to approach and expressed four economic corridors as top priorities.

The four economic corridors are Yangon-Myawady economic corridor connecting between bordering area with Thailand and Thilawa special economic zone, North-South economic corridor connecting between Yangon and Myitkyina by crossing Mandalay, northeast-southwest economic corridor connecting between Kyaukphyu and Muse by crossing Mandalay and east-west economic corridor connecting between Myanmar, India, China and Thailand.

The Yangon-Myawady economic corridor will be connected Thilawa special economic zone- Yangon-Bago-Hpa-an-Myawady. The North-South economic corridor will be connected Thilawa special economic zone-Yangon-Bago-Taungoo-Nay Pyi Taw-Meiktila-Mandalay-Myitkyina. The northeast-southwest economic corridor will be connected Kyaukphyu-Magway-Meiktila-Mandalay-Pyinoolwin-Kyaukme-Lashio-Muse. The east-west economic corridor will be connected Tamu-Kalay-Pakokku-Monywa-Meiktila-Taunggyi-Kyaington-Techilek-Mongla.

Myanma Railways (MR) under the Ministry of Transportation and Communications and China Railway Eryuan Engineering Group signed a Memorandum of Understanding (MoU) on feasibility study of Muse-Mandalay railway on October 22.

The Chinese company submitted a proposal in May 2017 to conduct a feasibility study to build the railway 431 kilometer in length connecting between Ruli East Railway train station to Mandalay through Muse, Lashio, Kyaukme and Pyin Oo Lwin based on “One Belt, One Road” policy with their own expenses.