According to the CMEC proposal, construction will begin with 24 projects costing $2 billion at the beginning, increasing later. The corridor will start from Kunming, the capital of China’s Yunnan Province. It will continue for 1,700-kilometers, through Myanmar’s major economic hubs, ending at Myanmar’s deep sea port in Kyaukphyu in Rakhine State on the Bay of Bengal, leading to the Indian Ocean.
The project will create thousands of jobs for Burmese workers, but it will provide far larger benefits for Chinese companies and workers. The proposal claims that the CMEC would allow a direct flow of Chinese goods into the southern and western regions of Myanmar and that Chinese industries could transfer into Myanmar in order to abate the rising labor cost and overcapacity of China’s industries. It said that Myanmar would become a major trade hub for Chinese goods between China, Southeast Asia, and South Asia.