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 […]

Panalpina to open new office in Yangon

Yet another freight forwarding and supply chain group has opened up its own office in Yangon as Panalpina strengthens its ties in a country which it has traditionally traded via native agencies handyshippingguide.com reported on 9 September. Panalpina’s new office officially took up operations in mid-August. Panalpina’s team on site is able to handle end-to-end […]

A special zone on Myanmar’s border

DAWEI (Myanmar) • It has been eight long years since engineer Suphap Satthathum first set foot in the tropical scrub jungle by the immense curve of beach near the port town of Dawei, in Myanmar’s southernmost Tanintharyi state that borders Thailand. But today, as he strides on the jetty his construction company has built, he […]

Myanmar launches Thilawa industrial zone

THANLYIN, MYANMAR — Dignitaries from Myanmar and Japan on Wednesday launched the first phase of a huge industrial zone on the outskirts of Yangon, as the long-isolated nation pushes to rapidly accelerate its industrialisation. Housing everything from children’s toy manufacturing to a car assembly plant and a deep-sea port, the Thilawa Special Economic Zone (SEZ) […]

Thailand, Myanmar to twin provinces

Thailand and Myanmar will sign three memorandums of understanding (MoUs) to foster a closer relationship between their key bordering provinces when Prime Minister Prayut Chan-o-cha begins his official visit to the country’s western neighbour today. Under the three agreements, Chiang Mai and Myanmar’s Kentung, Prachuap Khiri Khan and Myeik, and Ranong and Kawthaung will be […]

Myanmar trip is a telling first choice for Prayuth

Prime Minister Prayuth Chan-ocha might not have intended to send any signals when he decided to choose Myanmar for his first visit to a foreign country, but his choice says a lot. Deputy Foreign Minister Don Pramudwinai explained that Myanmar was chosen because this neighbouring country holds the rotating chairmanship of Asean. Asean is important […]

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 […]

Myanmar gets new SEZ law

In an effort to draw more foreign interest in Myanmar’s future Special Economic Zones (SEZ), the state-run media last week announced the promulgation of a new SEZ law, superseding the relevant laws adopted by the former military regime in 2011. “The new law seems to decentralise decision-making to the SEZ committee, so that central government […]

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 […]