Thailand, Myanmar agree to back deepwater port

MONDAY, JULY 23, 2012
Thailand, Myanmar agree to back deepwater port

Thailand and Myanmar agreed on Monday to develop jointly a special economic zone including an 8.6-billion-dollar deepwater port in southern Myanmar to be built by a Thai contractor.

 

The deal to jointly develop the Dawei project in south-eastern Myanmar was signed by the governments of Thai Prime Minister YingluckShinawatra and Myanmar President Thein Sein, who was on a three-day visit to the kingdom.
On Sunday, Thein Sein visited Laem Chabang deepwater port, 100 kilometres south-east of Bangkok, which could be linked by highways and railways to Dawei, opening a new trade route for Thailand and South-east Asian neighbours.
Dawei is about 342 kilometres west of Bangkok by road and 472 kilometres by road to Laem Chabang.//DPA