Thursday, February 27, 2014

Japanese ODA loan

Highlights of JICA's "Poverty Reduction" loan to Myanmar to build roads, bridges and electricity lines for ethnic states and regions. Myanmar expected to begin repayment of loan to Japan in 2016.

JICA: External Factors and Risk Control
Care must be taken for the security situation in areas where ethnic minorities live, and attention must be paid to the situation of peace negotiations between the Government of Myanmar and armed groups of minorities in areas where such negotiations are in progress.
In preparation for any situations where sub-projects may cause any impact unfavorable to ethnic minorities even in relatively safe areas, a Project Steering Committee comprising stakeholders including the central and state/region governments will have a decision-making role in project planning so that sub-projects can be revised halfway through to some extent.