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Myanmar moves step closer to new bids on China-backed belt and road project

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[unable to retrieve full-text content]Myanmar is a step closer to allowing companies to challenge a bid from China Communications Construction Company (CCCC) to build the behemoth New Yangon City project, after hiring German consulting firm Roland Berger to oversee the tendering process.The so-called Swiss challenge will give the Southeast Asian nation the opportunity to demonstrate transparency in its public procurement, an important signal to investors given the sanctions it has faced over the military crackdown of Rohingya in…

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[unable to retrieve full-text content]
Myanmar is a step closer to allowing companies to challenge a bid from China Communications Construction Company (CCCC) to build the behemoth New Yangon City project, after hiring German consulting firm Roland Berger to oversee the tendering process.The so-called Swiss challenge will give the Southeast Asian nation the opportunity to demonstrate transparency in its public procurement, an important signal to investors given the sanctions it has faced over the military crackdown of Rohingya in…

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