Dawei port grows busier

The number of cargo ships arriving at and leaving Dawei port in Taninthayi Region has significantly increased this year compared to the same period last year. From January to April last year, 107 ships entered and exited the port trading 56,693 tonnes of goods. However, in the same period of this year, there were 111 […]

ADB eyes greater role in Myanmar road, port projects

MANILA — The Asian Development Bank will help Myanmar modernize its transportation infrastructure, such as roads and ports, seeing public-private partnerships as key to promoting projects. The Manila-based multilateral lender will serve as an adviser assisting the Myanmar government in such matters as drawing up plans, selecting contractors and procuring funds. The arrangement will be […]

Thailand’s Political Crisis ‘Puts Burma Developments at Risk’

The political crisis gripping Thailand is jeopardizing key economic infrastructure developments and other potential investment in Burma, reports warn. The crisis has all but paralyzed Bangkok government and civil service activity, freezing planned major investments in international railway and road links and petrochemical projects, industry analysts said. It has also effectively put on hold plans […]

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 […]