Saturday, October 1, 2011

China raps Myanmar over halting of S$4.7b dam project

BEIJING (AFP) - Beijing has urged Myanmar to protect the rights of Chinese companies after the government halted construction of a US$3.6 billion (S$4.7 billion) China-backed mega dam following public opposition to the project.

Myanmar President Thein Sein on Friday ordered work on the Myitsone Dam on the Irrawaddy River to stop - a decision hailed by the United States as a sign the military-backed leadership was listening to its people.

Chinese foreign ministry spokesman Hong Lei on Saturday urged 'relevant countries to guarantee the lawful and legitimate rights and interests of Chinese companies'.

'The Myitsone power station is a jointly invested project between China and Myanmar' and it has been 'rigorously examined by both sides', Mr Hong said in a statement. Mr Hong called for both sides to 'properly handle' the matter through 'friendly consultations'.

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