Myanmar: CDC
(asked on 5th February 2021) - View Source
Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he plans to review or suspend CDC investments in Myanmar as a result of the military coup in that country.
This question was answered on 15th February 2021
CDC has no investments in military or state-owned companies in Myanmar and does not directly work with or partner with the government. Over the past two years, CDC has tightened its due diligence process to mitigate the risk of UK funds going to military owned companies.
CDC is reviewing the impact of the 1st February Myanmar coup on its investments in the country.