Senior General Min Aung Hlaing has attracted ridicule for airing grand development plans at a time when the economy is in crisis, but even the regime’s more rational economic goals are unlikely to be achievable.
The military regime is set to drop meaningful structural reforms from an economic recovery plan initiated by the former National League for Democracy government, and is instead promising to slash red tape in a bid to shore up collapsing business confidence.
While Tatmadaw and Kachin Independence Army soldiers face off in a long-running conflict, a company owned by the Kachin armed group has been profiting from the sale of power to government-controlled Myitkyina and Waingmaw townships.
While national attention remains focused on the Myitsone dam, Frontier visits one of the six other mega-dams north of the Ayeyarwady River confluence that could resume if conflict between the Tatmadaw and Kachin Independence Organisation is resolved.
The Kayin State Border Guard Force has come under intense pressure from the Tatmadaw over its extensive, controversial business interests and there’s concern the ultimatum could trigger fresh hostilities in one of the country’s most war-torn areas.