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Dawei Deep-sea Port speeded up

October 7, 2013 Destination ASEAN, Headline News No Comments Email Email
egtmedia59According to the breaking news of Bangkok Post, Thailand and Myanmar have agreed to speed up the development of the Dawei Economic Zone in the southern part of Myanmar.

Prime Minister Yingluck Shinawatra and Myanmar Parliamentary President Thura U Shwe Mann discussed the matter on Monday.articleBanner

Thura U Shwe Mann is on a five-day trip to Thailand, which will conclude on Thursday.

Ms Yingluck told him that officials from various state enterprises were conducting an economic study on infrastructure in Dawei, such as transportation and power and water supply.

“Thailand and Myanmar must work together to move this project forward and inform the public about the benefits of the Dawei Deep-sea Port,” Ms Yingluck said.

Actually, Japan was asked some time ago to help finance the Dawai Deep-see Port Project, but is now heavily occopied to develop the Thilawa Port near Yangon.

The Thilawa Special Economic Zone (SEZ) Project is 51 percent owned by Myanmar and 49 percent by Japan’s International Co-operation Agency (JICA). Japan has pledged US$ 380 million of development aid for the Thilawa Port Project to be spent on the building of roads, bridges, generation of electric power and drinking water.

Written by : Reinhard Hohler

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