Thais feel impact of booming Dawei

BANGKOK • Saw Hdaik Oo, from Dawei in Myanmar, left home for Thailand when he was 15, in search of a job. He was fortunate to find one at a seafood-processing factory in Ranong, southern Thailand. And then even luckier to be promoted to oversee the refrigeration at a plant in Mahachai, which has one […]

China and Myanmar’s SEZs: strategic partnership or can of worms?

Since coming to power in 2011, Myanmar’s President Thein Sein has distanced the country from its previously tight-knit relationship with China in favour of rapprochement with the west and Japan. Yet the past few months have seen a determined push by Beijing to re-engage Myanmar economically and politically, reminding Naypyidaw that it sees the country […]

Myanmar aims high for gas discoveries in the future

THE RECENT discovery of gas in Block A-6 is just the first of numerous discoveries in Myanmar, which remains an attractive frontier for international oil and gas companies despite a plunge in petroleum prices, energy officials say. Than Minn, director for planning of Myanmar Oil and Gas Enterprise (MOGE), said the country had very great […]

Myanmar ripe for investment

Like many other Southeast Asian countries, Myanmar has much to offer in terms of natural resources and opportunities for growth and development. However, it has one major advantage over other Southeast Asian countries in that its burgeoning economy is ripe for major foreign investment. The lack of proper infrastructure and lagging development is akin to […]

Critics call for fairness in selecting developers for deep-sea port and SEZ

As the developers for the Kyaukphyu deep seaport and several special economic zone (SEZ) projects will be selected in late January, critics are calling on authorities not to give Chinese developers precedence over other international companies. Thilawa SEZ, Dawei SEZ and Kyaukphyu SEZ have been mapped in Myanmar. Kyaukphyu SEZ is the only one with […]

Japan weighs in on Dawei SEZ project

Japan pledged to take part in Dawei Special Economic Zone project and the Italian-Thai company plans to operate smaller projects, according to Aye Myint, chairperson of the special working committee for Dawei SEZ. “We’re holding talks with the Italian-Thai and its partner company to operate some smaller projects such as roads, ports, housing, mini industrial […]

U Thin Sein Pushes Economic Ties, Dawei Support

President U Thein Sein looked to strengthen business ties with regional economic heavyweights at the 25th ASEAN Summit, including pushing for international support for an ambitious Dawei special economic zone plan. The president discussed promoting measures for economic growth with his Japanese, Indian and Indonesian counterparts on the sidelines of the event, which was held […]

U Thein Sein pushes economic ties, Dawei support

President U Thein Sein looked to strengthen business ties with regional economic heavyweights at the 25th ASEAN Summit, including pushing for international support for an ambitious Dawei special economic zone plan. The president discussed promoting measures for economic growth with his Japanese, Indian and Indonesian counterparts on the sidelines of the event, which was held […]

Thai junta says will help kick-start stalled Dawei talks

BANGKOK – Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday. 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 hub located along the slim Thai-Myanmar […]

Closed tenders sought in bid to restart Dawei SEZ, says official

The Dawei Special Economic Zone management committee has invited two companies to submit closed tenders aimed at restarting the troubled project, its chairman told Mizzima on August 18. U Han Sein said Italian-Thai Development and a Japanese company had been invited to tender for seven SEZ projects at an expected total cost of US$8 billion […]