China and Myanmar have signed a new cooperation contract that supplements a previous memorandum of understanding to work together on an economic and technical development zone and related railroad and port development projects in the town of Kyaukphyu in the state of Arakan in Myanmar, Xinhua reports.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.