Djibouti, Myanmar, Sri Lanka Anchor Silk Road

Billion Dollar Fund For China's Maritime Silk Road
  • A military base in Djibouti along with major port development projects in Myanmar and Sri Lanka is defining the contours of China’s Maritime Silk Road.
  • Djibouti would become an ideal location for securing sea lanes which radiate from this area towards Indian Ocean coastline and the Arabian Sea.
  • China says it is establishing naval “support facilities” in Djibouti, which has the ambition of emerging as another Singapore, leveraging its position at the intersection of busy shipping lanes.