Shell begins review of BG Myanmar assets

Royal Dutch Shell has embarked on a detailed review of BG Group’s assets in Myanmar after the international oil giant completed a US$53 billion acquisition of its British rival on February 15. The two companies have been in discussions about the sale since 2014, but their Myanmar assets have not yet been combined, officials said. […]

Thai-Backed Power Plants in Burma Face ‘Difficulties’ Getting Coal

Proposals by Thailand-based companies to build large coal-burning power plants in Burma might prove hard to implement because of logistical difficulties in delivering adequate fuel supplies, an industry newspaper said. Two plants have been proposed in eastern Burma with a total electricity generating capacity of 3,780 megawatts—more than the country’s present overall capacity. One plant […]

Dawei SEZ Project to Come Out of Hiatus by November

The halted multibillion dollar Dawei Special Economic Zone (SEZ) project is expected to resume by November as the government has invited two companies to submit closed tenders to complete the first phase of the project, a minister said. U Han Sein, deputy union minister for transport and also the chairman of the Dawei SEZ management […]

Audit of ITD’s spending in Dawei due this month: official

A financial audit on Italian-Thai Development Plc’s spending in the Dawei Special Economic Zone (SEZ) will be concluded by the end of this month, according to the transport ministry. A high-ranking official at the ministry said the global auditing firm Ernst and Young would submit its final report on ITD’s investment in the SEZ this […]

Japan seeks opportunity in Dawei SEZ

Japanese officials from the ministry of economy, trade and industry met with the committee chairperson of the Dawei Special Economic Zone on July 20 to discuss investing in the project. The Dawei Special Economic Zone project was to be carried out by the Italian-Thai Development Plc (ITD) but was halted after the company sought more […]

Desperately seeking bidders: Dawei SEZ

The massive Dawei project has taken a new twist, as no interested bidders have applied for concessions opened in February for three jobs: a dual-lane highway linking Thailand with the site in eastern Myanmar, a small port, and a 30,000-rai industrial estate. “The terms of reference for the three projects should be revised to make […]

Dawei Economic Zone ‘Lacks Clarity’ as Another Thai Firm Claims Deal

A little-known private company based in Bangkok is the latest to lay claim to becoming the major electricity provider for the Dawei Special Economic Zone—a project to build a regional economic hub in southern Myanmar that has generated much talk, but little action. Andaman Power & Utility Company Limited says it has been chosen by […]

Thailand: Pongsak’s mission to revive Dawei hopes

The government has named a special task force headed by Energy Minister Pongsak Raktapongpaisal in its latest move to kick-start the massive Dawei project in eastern Myanmar. Deputy Prime Minister and Commerce Minister Niwatthamrong Bunsongphaisan said Mr Pongsak will lead a team to Myanmar today together with officials from the Finance and Interior Ministries and […]