Prayut vows to push ahead with Dawei project
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THAILAND AND MYANMAR have agreed during Prime Minister Prayut Chan-o-cha's visit to mobilise all means available to move ahead with the Dawei Special Economic Zone mega-project for the benefit of Asean as a whole and border development.
“The Dawei project is a joint development between Thailand and Myanmar. If we can build up confidence, more investors would be keen to join the scheme,” Prayut told reporters Friday.
Initiated during the Thaksin Shinawatra government, the multi-billion-dollar project is aimed as a strategic node for regional logistics and connectivity to link not only Thailand and Myanmar but also the entire Asean region and South Asia.
The previous government of Yingluck Shinawatra, which was toppled in a coup by Prayut in May, struggled to inject capital into the project. The idea to bring Japan in as the third party has not yet come true.
There had been doubts earlier whether the Prayut government would push on with the project.
