B4.5bn Dawei development loan okayed

Plans for the Dawei special economic zone have inched ahead after the Myanmar government agreed to borrow 4.5 billion baht from Thailand to finance the construction of a 132-kilometre road from Dawei’s proposed deep-sea port to Ban Phu Nam Ron in Kanchanaburi. Transport Minister Arkhom Termpittayapaisith, who led a Thai delegation to meet Myanmar officials […]

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 […]

Italian-Thai set to sign 50-year Dawei contract

Italian-Thai Development Plc (ITD) through its subsidiary Dawei Development Co (DDC) will sign a contract with the Myanmar government by July 24 to develop and run the Dawei economic development zone for at least 50 years. DDC managing director Somchet Thinapong said on Thursday that the contract would cover the initial development and operation of […]