The Ministry of Planning and Finance is planning to develop an economic development zone and a border trade camp in Kachin state through assistance from China, according to the ministry. The economic development zone will be established in Myitkyina, the capital and largest city of Kachin state, and the new border trade post will be in Kan Pike Tee, where a border trade camp already exists to perform trade with China.
Minister for Planning and Finance Kyaw Win, Kachin State Chief Minister Dr Khat Aung and his cabinet on January 23 visited Nankyin village where the economic development zone project is located to make an initial observation about the project.
“A land plot of nearly 5,000 acres is currently surveyed for the economic zone, while the legal process is under way for the farmlands and orchards of local farmers contained in the project area,” said Mya Thein, Minister for Agriculture, Livestock and Irrigation of the Kachin State Government.
Border trade camp in Kan Pike Tee is among Myanmar’s 16 border trade posts to trade with four out of its five neighbouring countries; China, India, Thailand and Bangladesh. The camps are in Muse, Lwejel, Kan Pike Tee, Chinshwehaw, Myawaddy, Tachileik, Kyaingtone, Tamu, Rhi, Myeik, Kawthaung, Htikhee, Mawtaung, Sittwe, Maungdaw and Maesae.