Skip to content
Subscriber Only
Politics

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. 

Rohingya refugees walk through the Kutupalong refugee camp in Bangladesh on Nov. 27, 2017. 

Photographer: Ed Jones/AFP/Getty Images
Updated on

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.”