"I know that these three projects, which were all major projects of China's investment in Myanmar back then, were then taken down because of Wu Minhui, which also caused certain losses to the Chinese side. Pen ~ Fun ~ Pavilion www.biquge.info"

"In fact, there was a lot of opposition within the government at that time, because the breaking of the contract for such a project that had already been signed also had a negative impact on Myanmar's investment environment, but Wu Minhui insisted on going his own way."

"I was a minister at the time, but I also had some understanding of the reasons for this, and it was also about diplomacy."

"But now the government is in a lot of trouble, and the projects that were in progress before have not been cleaned up, and these projects that were stopped before have not been dealt with yet." Sai Maokang frowned.

Muyang also knows that the main energy of Sai Maokang, or the main energy of the Myanmar government, is still on how to restore normal order.

"I understand that I want to ask your opinion now, and the project has not been started immediately, and then I can give China an answer and let them make preliminary preparations first." Muyang Road.

"Chinese investment is beneficial to the Myanmar country, and I naturally hope that these investments can be implemented, and you can directly reply to the Chinese government, and I am very willing to cooperate with the Chinese government on these projects."

"Sir, I would like to take this opportunity to communicate with China through you that Myanmar still needs too much money for the next development, and we need China's help, and I don't know if we can get some loans in China." Sai Maokang said.

Muyang also knows that Saimaokang's life is really not good.

He is different from Djibouti, which has a population of just over 800,000 people, and China can change Djibouti's environment with a little investment, but Myanmar has 670,000 square kilometers and a population of 53 million, which is definitely a medium-sized country.

It is already poor, and now it is experiencing civil strife, the country is even poorer and weaker, and if it wants to develop, it needs a lot of money, so Sai Maokang thought of asking China for help.

"Yesterday, the Japanese government sent an application to the Ministry of Foreign Affairs to visit Myanmar with their Foreign Minister Nakasone to visit Myanmar. In addition, the Japanese Prime Minister also spoke to me, first congratulating me on becoming president and hoping to strengthen exchanges between the two countries, and then revealing his willingness to support Myanmar's construction and give Myanmar a free loan of 100 billion yen. ”

"100 billion yen, 1 billion dollars, generous enough, did he ask for anything?" Muyang Road.

"Not yet, but I think there will be." Saimao Kang Road.

"Hehe, it's nothing more than a few demands, to establish good relations, Japan can access Myanmar's resources, commodities to enter the Myanmar market, tap the Southeast Asian market, and may even put forward a request to contain China, etc., Japan's malice towards China has never been hidden." Muyang said.

"Sir, shall I accede to his request?"

"Agree, of course I agree, and you have to tell him that he said less, 1 billion US dollars less, at least 5 billion, aren't you short of development funds, take a hard bite first, and then say, the meat to your mouth is your own." Mu Yang said with a smile.

"On the Chinese side, I will convey your meaning, aid and loans, and I think China will give full consideration to it."

"If the gap is still too big, I can think of a way for you." Muyang thought of Luca, he had tens of billions of cash in his hands. Although it is all underground funds, it is also money, as long as it is laundered, this money will play a lot of roles.

Thinking of this, a thought suddenly popped up in Mu Yang's mind. This thought together, there is a feeling that I can't hold back.

Mu Yang stopped talking, and thought carefully in his mind.

Sai Maokang saw that Muyang didn't speak, and after a while, he asked carefully, "Sir, what do you think?" ”

"Oh, maybe, we can set up a bank to help Myanmar grow." Mu Yang muttered.

"Bank, what kind of bank do you want to open?"

"I was able to get money from other sources and then work with Myanmar, a private-state joint bank."

"You get money from other sources, how much." Sai Maokang asked curiously.

"50 billion, or more."

Sai Maokang's eyes widened, "RMB? ”

"Dollars." Muyang Road.

"Oh my God, can you mobilize so much money, is it from China, or is China ready to meddle in Myanmar's national financial market?" Sai Maokang wondered.

"No, it has nothing to do with China, it's my personal relationship, it's purely external investment, and the funds may come from other overseas companies or offshore companies, investment banks, etc."

"Of course, the Myanmar government can also invest, of course, using its own resource advantages and policy advantages, which will not appear in the contract, but only private terms."

"What do you mean by policy and resource investment?" Sai Maokang asked.

"To put it simply, it is to give this bank more banking functions than other foreign banks, and my idea is to equate the business scope of Myanmar's state-owned banks. There is also the investment in certain projects, with the permission and support of the government. ”

Mu Yang opened his big mouth, revealing his cold fangs.

There are only two state-owned banks in Myanmar, the 'Central Bank of Myanmar' and the 'Bank of Agriculture and Development of Myanmar'.

There are 12 private banks. Citizens Bank of Myanmar Limited, Cooperative Bank of Myanmar, Myawaddy Bank, Oriental Bank of Myanmar, Thonfang Teng Heng Bank, Gamboza Bank, Industrial Development Bank of Myanmar, Yinwa Bank, AGB Bank, Union Amara Bank, Myanmar Pioneer Bank, Ayeyarwady Bank.

Previously, Myanmar's financial market had been very closed to the outside world, and it was only in 2014 that the government of Goh Minhui allowed foreign banks to enter the country's financial market for the first time.

Australia's ANZ Bank, Singapore's United Overseas Bank and OCBC Bank, Industrial and Commercial Bank of China, Thailand's Bangkok Bank, Malaysia's Maybank and Japan's Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group have all been granted business licenses.

The license is conditional on foreign financial institutions to bring in a minimum capital of US$75 million, to open only one branch and to conduct corporate and large banking operations.

They are also not allowed to open foreign exchange business, do not engage in other financial investment business, are not allowed to carry out retail banking business, and can only provide foreign currency loans, not kyat loans, unless they have formed a partnership with a local bank. Basically, the business of banks can only carry out a very small number of items, in short, there are many restrictions.

The entry of these banks is only to open up the market in the early stage.

However, this is the case that Myanmar, a virgin land in the financial sector, has also attracted the pursuit of international capital, and obtaining a license to conduct business in Myanmar is a dream of foreign banks. Previously, foreign banks had been shut out of Myanmar for decades.

Under such harsh conditions, 25 foreign banks have applied for licenses to do business in Myanmar.

Despite these initial restrictions, the central bank's move was hailed by analysts as another step toward liberalizing the financial sector. The move is expected to significantly improve access to capital in Myanmar, a key obstacle for foreign companies to invest in Myanmar.

Of course, with the civil unrest in Myanmar and the resignation of the Goh Minhui government, the second batch of bank introduction plans was also put on hold. (To be continued.) )