Businesses Are Still Investing Billions in Refugee Crisis-Hit Myanmar
- Thai builder TTCL finalizing funding for power plant in Kayin
- Asian nations lead Western counterparts in Myanmar investment
Rohingya refugees walk through the Kutupalong refugee camp in Bangladesh on Nov. 27, 2017.
Photographer: Ed Jones/AFP/Getty ImagesThis article is for subscribers only.
As the U.S. and Europe grow increasingly outraged over the Rohingya refugee crisis in Myanmar, Asian businesses are continuing to invest.
Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. The U.S. and the United Nations have described Myanmar’s treatment of Rohingya Muslims as “ethnic cleansing.”