How smarter cameras are redefining port security
Ports have been integral to human development for millennia. They were the anchors around which ...
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By Alex Lennane
Myanmar, rather understandably, seems to be baulking at a proposed $7.5bn price tag for a new deepsea port to be built by the Chinese. CITIC Group won the tender to build it and has suggested a $10bn spend on port and special economic zone. Myanmar has called it “crazy”, and has concerns following the recent $1bn Hambantota port in Sri Lanka, which led the government to borrow the money – but when it couldn’t repay the loan, had to give China a 99-year lease. “So in other words what’s on the table here is exactly what was on the table in Sri Lanka,” said an Australian academic.
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