Italian Thai, Rojana to Sign $1.7b Dawei Deal in March

Italian-Thai Development Pcl. and Rojana Industrial Park will sign a US$1.7 billion deal in March to develop the Dawei industrial zone in Burma, the Thai government said on Friday. Set to be Southeast Asia’s largest industrial complex when complete, the ambitious and long-delayed Dawei project in southeastern Burma includes highway links to Bangkok and Thailand’s […]

Dawei SEZ impeded as Italian-Thai incapable to finance alone

DAWEI—Myanmar is going to invite more international investors to participate in the Dawei Special Economic Zone Project as Italian-Thai Development (ITD) has proved unable to fund it alone, officials told a press conference on Monday. The implementation of Dawei SEZ and its related projects has been delayed as ITD faces financial constraints. The project is […]

Japan Awakes to Revamped Dawei

YANGON — After last week’s takeover of the proposed Dawei port and economic zone project by the Myanmar and Thai governments, Japan’s government and private sector are taking a renewed interest in the project after previously appearing lukewarm to the proposition. “Dawei Special Economic Zone [SEZ] is a very important project for the region,” said […]

Thais reduced to ‘matchmaker’ in Dawei as Italian-Thai set to pull out

Myanmar’s stalled Dawei mega-project, which Thailand has striven to get off the ground for years, appears set to pass out of Thai hands, as Japan takes on a bigger role, though the nature of this role is far from clear. Thailand’s largest contractor, Italian-Thai Development Plc (ITD), which is a contract partner with the Myanmar […]

Thailand’s Dawei Port Project in Burma Not Dead Yet

BANGKOK — Thailand’s plans to convert a remote coastal strip in southern Burma into a Southeast Asian gateway for international trade appear to have moved little from the drawing board. Or so it seems. Efforts by the current government to throw a political lifeline to the deep-sea port and special economic zone (SEZ) in Dawei […]

Italian-Thai’s hydropower project in lower Myanmar allegedly stops

Myanmar government has allegedly stopped a hydropower dam project with Italian-Thai Company in Taninthayi region of lower Myanmar due to concern of possible environmental and social impacts. Italian-Thai’s dam project located near Myeik township will generate about 800 mega watt (MW) electricity upon completion, but it will pose flood risks to the thousands of acres […]