Myanmar President U Thein Sein meets with Indian Prime Minister Narendra Modi in Nay Pyi Taw in November, 2014. Photo: Narendra Modi/Twitter
The Indian government, hoping to give more teeth to its “Act East Policy,” has decided to expand the country’s economic links with Cambodia, Laos, Myanmar and Vietnam by promoting private sector investments in these countries through a project development company, reports the Economic Times on March 2.
|Myanmar President U Thein Sein (R) greets India Prime Minister Narendra Modi (C) next to Vietnam Prime Minister Nguyen Tan Dung (L) during the 12th ASEAN India Summit at Myanmar International Convention Centre in Nay Pyi Taw, Myanmar, November 12, 2014. Photo: Rungroj Yangrit/EPA|
India is interested in investing in infrastructure development projects in Thailand, and will use Myanmar as a bridge to reach the rest of ASEAN according to the Bangkok Post on January 30.