A casino city in Myanmar on the Thailand border

 




Project Background


The Shwe Kokko New City project, a planned urban and casino development in Myanmar, is situated in the township of Shwe Kokko, near the Myanmar-Thailand border along the Moei River. This project is approximately 25 km north of Myawaddy, in the Myawaddy District of Kayin (Karen) State. The development, also known as YaTai City or Myawaddy New City, includes housing, an entertainment complex with hotels and casinos, an industrial zone with a cargo depot, and an airport. The city is expected to have its own cryptocurrency developed in partnership with Building Cities Beyond (BCB) Blockchain.

The project is being developed by Hong Kong-registered developer Yatai International Holding Group (Yatai IHG), in partnership with Chit Lin Myaing Company, owned by the Kayin State Border Guard Force (BGF). The project has expanded significantly from its original 0.1 sq. km plan to now covering 120 sq. Km, with an estimated investment value of 15 billion USD. Notably, this development has not been planned or officially endorsed by the Naypyitaw government.


Map :Shwekokko Map





The Shwe Kokko development project, located in Karen State near the Thai border in Myanmar, is a significant and controversial development for several reasons:


Location and Strategic Importance:

Geographic Positioning: Karen State, bordering Thailand, is a strategically important area. Its proximity to the border makes it a key location for trade and cross-border activities.

-Sensitive Area: The region has a history of ethnic conflicts and is home to the Karen ethnic minority, making any development project there subject to socio-political sensitivities.


Project Overview:

Developer and Partnership: The project is being developed by a Chinese company, often reported as Yatai International Holding Group, in partnership with a local group linked to the Karen ethnic minority. This partnership reflects China's growing economic influence in Myanmar.

Scope of Development: The development plans include a casino city, luxury housing, and various entertainment facilities. This ambitious project aims to transform the area into a significant economic and tourist hub.


Controversies and Concerns:

Legal and Regulatory Issues: The legality of the casino operations within Myanmar's legal framework has been questioned. Gambling is generally illegal in Myanmar, with exceptions in some border areas and special economic zones.

Impact on Local Communities: There are concerns about the impact of such a large-scale development on the local communities, including potential displacement, cultural disruption, and environmental impact.

Security and Stability: Given the history of ethnic tensions in the area, the project could have implications for local stability and security dynamics.

Money Laundering Risks: The involvement of casino and entertainment facilities raises concerns about the potential for money laundering, given the opaque nature of such businesses and the challenges in regulating them.


Economic Implications:

Investment and Growth: The project represents a significant investment in the region and has the potential to drive economic growth, particularly in the tourism and entertainment sectors.

Chinese Influence: The development is part of a broader pattern of Chinese investment in Myanmar, aligning with China's Belt and Road Initiative and its strategic interests in the region.


Strengthened Stakeholder Engagement:

Community Involvement: Actively involving local communities in planning and decision-making processes can ensure their needs and concerns are addressed, fostering a sense of ownership and reducing resistance.

Ethnic Minority Considerations: Given the sensitive nature of the region, special attention should be given to the Karen ethnic minority's rights, culture, and history, ensuring the project aligns with their interests and contributes to their wellbeing.


Legal and Regulatory Compliance:

Transparent Legal Framework: Establish a clear legal framework for the project, particularly concerning the casino operations, to ensure compliance with Myanmar's laws and international standards.

Environmental and Social Governance (ESG)**: Implement strict ESG guidelines to manage and mitigate environmental impacts and ensure social responsibilities are met.


Security and Stability Measures:

Conflict-Sensitive Approach: Adopt a conflict-sensitive approach to understand and minimize the project's impact on local dynamics, avoiding exacerbation of ethnic tensions.

Security Collaboration: Collaborate with local authorities and community leaders to maintain security and stability, addressing potential threats proactively.


Economic and Cultural Sustainability:

Local Economic Integration: Ensure that the project contributes to the local economy by creating jobs, supporting local businesses, and developing infrastructure.

Cultural Preservation: Incorporate elements that respect and promote the Karen culture and heritage, ensuring the project adds cultural value to the region.


Transparency and Accountability:

Monitoring and Reporting: Establish robust monitoring mechanisms to track the project’s impact on local communities and the environment, with regular reporting to stakeholders.

Anti-Money Laundering Measures: Implement strict controls and transparency measures to prevent money laundering and other illicit activities associated with the entertainment sector.


Strategic Partnerships:

Collaboration with NGOs and International Bodies: Engage with NGOs and international organizations to bring in expertise, ensure best practices, and provide oversight.

Balanced International Relations**: While acknowledging Chinese investment, maintain a balanced approach to international relations to ensure Myanmar's strategic interests are not overshadowed.



Conclusion:


The Shwe Kokko project is emblematic of the complex interplay of economic development, ethnic politics, and international investment in Myanmar. While it promises economic growth and development, it also brings with it a range of legal, social, and security challenges that need to be carefully managed. The involvement of a major foreign investor in a sensitive ethnic region adds layers of complexity to the dynamics of the project and its potential impact on the local and national landscape.The Shwe Kokko development project in Karen State, Myanmar, presents a mix of opportunities and challenges, reflecting the intricate balance of economic development, local sensitivities, and international relations. To enhance the effectiveness and sustainability of this project, several strategies and considerations could be implemented:


Gambling-Away-Our-Lands-


Reference Link:Shwe Kokko New City – A casino city in Myanmar on the Thailand border (futuresoutheastasia.com)

Shwe Kokko city, notorious as gambling hub, rely on generators amid power outages | Burma News International (bnionline.net)


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