Govt mulls B4.5bn loan for Myanmar

Thailand is considering granting a 4.5-billion-baht loan to Myanmar to fund an infrastructure development project including the planned construction of a 132-km long road to stretch from the Thai-Myanmar border in Kanchanaburi to the Dawei special economic zone in the neighbouring country. Transport Minister Arkhom Termpittayapaisith revealed this on Tuesday, saying the loan request was […]

Myanmar-Thailand to solve East-West Economic Corridor connectivity bottlenecks

Myanmar has accepted Thailand’s 1.8-billion-baht project to improve its Thaton-Ein Du highway, a section of the East-West Economic Corridor, and asked the latter to improve other roads along the corridor. The move is in line with the Thai cabinet’s approval on Tuesday for the Highways Department to conduct the task, and both countries would form […]

Japan invests in Dawei

The multibillion-dollar Dawei special economic zone (SEZ) and related projects will go ahead at full scale after Japan yesterday agreed to take a one-third equity stake in the associated special purpose vehicle (SPV) jointly set up by Myanmar and Thailand. The deal was struck at the fifth Myanmar-Thailand Joint High-Level Committee Meeting that was attended […]

2nd Thai-Myanmar bridge signed

Transport Minister Arkhom Termpittayapaisith signed an official agreement on Thursday for the construction of a second Thai-Myanmar bridge across the Moei River from Mae Sot district of Tak province. The minister said he signed the deal with Myanmar Construction Minister U Kyaw Lwin in Naypyidaw on Thursday. Thailand’s Highways Department is responsible for the construction […]

Thailand to sign first phase of Dawei development

Thailand will sign a $1.7 billion deal to develop the first phase of the long-delayed Dawei Industrial Zone in southeastern Myanmar in the first week of August, Thailand’s secretary-general of the state planning agency said. The project is arguably Southeast Asia’s most ambitious industrial zone – a 250-sq-km (100-sq-mile) deep-sea port, petrochemical and heavy industry […]

Thailand to sign first phase of Dawei Industrial Zone next week

Thailand will sign a US$1.7 billion deal to develop the first phase of the long-delayed Dawei Industrial Zone in southeastern Myanmar next week, Thailand’s secretary-general of the state planning agency said on Wednesday according to a report by Reuters on 29 July. The project is arguably Southeast Asia’s most ambitious industrial zone – a 250-sq-km […]

Dawei megaproject moving closer

The long-delayed development of the Dawei deep-sea port and special economic zone is making progress, with a tripartite Joint High-Level Committee meeting scheduled for next Wednesday in Myanmar to discussmore details. The meeting also marks a milestone as the Myanmar government is due to sign construction deals with two leading Thai construction companies, Rojana Industrial […]

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 […]