Japan finally agrees to join Dawei

Japan is set to sign a deal in July to participate in Dawei SEZ Development Co (DSEZ), a special-purpose vehicle (SPV), to run the languishing multibillion-dollar Dawei megaproject in Myanmar. Arkhom Termpitayapaisith, secretary-general of the National Economic and Social Development Board (NESDB), said Japan would hold an equal partnership in the DSEZ with Thailand and […]

Italian-Thai will have to submit bids: project chairman

Two companies formed by the governments of Myanmar and Thailand will take over as the main developers of the Dawei Special Economic Zone, project chairman U Aye Myint told a news conference in Yangon on December 2. The companies – Special Purpose Vehicle (1) and (2) – would take over the project’s development from Italian-Thai […]

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 […]

Thai Deputy PM off to Yangon for Dawei JCC meeting

Thai Deputy Prime Minister Niwatthumrong Boonsongpaisan yesterday flew to Yangon to attend a meeting of the Thai-Myanmar Joint Coordinating Committee (JCC) with Myanmar and Japan over the Dawei development project. As JCC president, Myanmar is hosting the tripartite talks in Yangon. This will be the first time Japan will be joining the talks after being […]