Published On: Tue, May 22nd, 2012

Companies Involved

Companies Involved:

The two major companies involved in this project are the CITIC Group, a state-owned investment company from the People’s Republic of China, and the Htoo Group of Companies, which is a Burmese holding company. Tay Za, a highly controversial business tycoon with deep connections to Burma’s top military dictators, is the CEO of the Htoo Group of Companies.  Currently, these two companies are working in partnership to construct the Kyauk Phyu Economic Zone.

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