Myanmar warns against instigation over copper mine project

Image
IANS Yangon
Last Updated : Jan 06 2015 | 3:06 PM IST

Myanmar authorities have warned against instigation over a copper mine project with foreign investment at Monywa in Sagaing region, urging the people to be on the alert to prevent undesirable incidents.

"The Latpadaung Copper Mine project is a foreign invested one and the project benefits the state, the local people and future generations," the Committee for Implementing Latpadaung Copper Mine Investigation Report said in a statement published Tuesday,

"While the majority of the local people in the project area are hoping to launch the production of the copper mine project as soon as possible and to get job opportunities, a handful of people who are on utter destructive course with the project, have created hindrance to systematic implementation of the project due to instigators," Xinhua quoted the statement as saying.

On launching production, a further 1,900 job opportunities will be created for local people, according to the statement.

On Dec 22last year, the Myanmar Wanbao company announced commencement of construction of Letpadaung copper project which had been delayed for two years under the direction of the government to extend its working area in the project site as required by the Myanmar Investment Commission.

However, the work of erecting a fence in the project area was hindered by dozens of villagers several times which resulted in clashes between the villagers and the police, in which one woman villager was killed and 20 others, including 11 police officers and nine villagers, were injured.

Referring to the incident, the Chinese embassy in Myanmar has expressed deep sorrow, saying that it was an unfortunate event and hoping it could be handled appropriately.

Noting that the Letpadaung mining project was an important joint project between China and Myanmar, the embassy in a statement voiced support for the project to be implemented in a peaceful and secure manner, while opposing any kind of violence.

The statement expressed China's willingness to work together with the Myanmar side to promote the economic and social development as well as contribute to the welfare of both countries and peoples.

The construction work was first resumed in October 2013 under a revised contract signed in July that year by the state-owned Myanmar Mining Enterprise, Myanmar Economic Holding Ltd and China' s Wanbao Mining Ltd.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2015 | 3:02 PM IST

Next Story