China is now all set to gain a major advantage in the strategic scenario of South Asia as Myanmar has awarded contracts to a China-led consortium for constructing a deep-sea port and a special economic zone(SEZ) in a place called Kyaukphyu which is situated right on the Bay of Bengal. The above mentioned six member consortium will be led by the Citic group of China and the only non-Chinese member of it will be the Charoen Phokphand of Thailand
http://southasiamonitor.org/detail.php?type=sl&nid=17302
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