First China- Myanmar Border Economic Cooperation Zone will be developed along the Kunlong-Chinshwehaw border area in Shan State

The first ever China-Myanmar Border Economic Cooperation Zone will be developed along the Kunlong-Chinshwehaw border area in Shan state, Xinhua reported quoting state media.

Legal process is being pursued to establish the economic zone on 6,000 acres (2,430 hectares) under Myanmar's Investment Law and Special Economic Zone Law, the Chitkyiye Company said.

The project will be implemented by using the company's own capital as well as foreign investment.

(Mizzima: http://www.mizzima.com/article/china-myanmar-economic-cooperation-zone-be-developed )

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