Myanmar negotiating 200 billion Euro loan from Belgium for riverbank upgrades
Myanmar is in discussion with Belgium to receive a 200 billion Euro loan that will be used to achieve better water flow by digging a sandbank in the Ayeyawady and Chindwin rivers.
According to a representative of the department of water resource and river development, a sandbank is dug each year depending on funding. Loans from other foreign countries are being pursued.
