Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Thailand Clears $133 MLN Loan for Long-Delayed Dawei Economic Zone

loan to kick-start long-delayed development of Myanmar’s Dawei Special Economic Zone, Thailand’s transport minister said on Friday. The two countries signed an agreement in 2008 to build the zone in Myanmar’s southeast. But the multi-billion dollar project has been mired in difficulties, including widespread local opposition and problems mobilizing funding for its construction. Thai Transport Minister Arkhom […]

Dawei Project Gathers Pace

THE INITIAL Bt37-billion phase of the Dawei Special Economic Zone will by ready to kick off before the end of this year after Myanmar’s government signs a procurement contract this month with Italian-Thai Development (ITD), said company president Premchai Karnasuta. He said yesterday in Yangon after participating in a ceremony to open a representative office of the […]

Two-Lane Highway to Link Thailand and Dawei SEZ

​​ Visits to Myanmar led by the deputy prime minister of Thailand, followed by a visit from the minister of transportation of Thailand who met with Vice President Henry Van Thio in February, resulted in an agreement to continue the Dawei SEZ project within a month. Pisanu Suvanajata, the Thai ambassador to Myanmar who attended […]

Tanintharyi Officials say Work on Dawei SEZ Could Restart

​​ Plodding progress is being made on the long-delayed Dawei Special Economic Zone, according to Tanintharyi Region government officials, who are hoping the project will restart soon. Regional government officials visited Japan last month to discuss that country’s potential participation in the SEZ and reported strong interest. Tanintharyi Region Chief Minister Daw Lae Lae Maw […]

Shell begins review of BG Myanmar assets

Royal Dutch Shell has embarked on a detailed review of BG Group’s assets in Myanmar after the international oil giant completed a US$53 billion acquisition of its British rival on February 15. The two companies have been in discussions about the sale since 2014, but their Myanmar assets have not yet been combined, officials said. […]

Thai-Backed Power Plants in Burma Face ‘Difficulties’ Getting Coal

Proposals by Thailand-based companies to build large coal-burning power plants in Burma might prove hard to implement because of logistical difficulties in delivering adequate fuel supplies, an industry newspaper said. Two plants have been proposed in eastern Burma with a total electricity generating capacity of 3,780 megawatts—more than the country’s present overall capacity. One plant […]

Dawei SEZ Project to Come Out of Hiatus by November

The halted multibillion dollar Dawei Special Economic Zone (SEZ) project is expected to resume by November as the government has invited two companies to submit closed tenders to complete the first phase of the project, a minister said. U Han Sein, deputy union minister for transport and also the chairman of the Dawei SEZ management […]

Audit of ITD’s spending in Dawei due this month: official

A financial audit on Italian-Thai Development Plc’s spending in the Dawei Special Economic Zone (SEZ) will be concluded by the end of this month, according to the transport ministry. A high-ranking official at the ministry said the global auditing firm Ernst and Young would submit its final report on ITD’s investment in the SEZ this […]

Japan seeks opportunity in Dawei SEZ

Japanese officials from the ministry of economy, trade and industry met with the committee chairperson of the Dawei Special Economic Zone on July 20 to discuss investing in the project. The Dawei Special Economic Zone project was to be carried out by the Italian-Thai Development Plc (ITD) but was halted after the company sought more […]