Myanmar to grant concession for Dawei project's first phase
Play
MYANMAR IS preparing a primary agreement to grant a concession next month for the 27-square-kilometre first phase of the Dawei industrial estate project, Prime Minister General Prayut Chan-o-cha said.
In his weekly speech Friday, Prayut said Thailand and Myanmar agreed that the project would be of benefit to both countries after discussions with President Thein Sein.
Prayut had made a two-day visit to Myanmar last week and met its president.
“But this [the concession granting] is another matter, one that concerns investors,” he said, adding that Thailand needed to come to an agreement about how to create interest in the project among foreign investors.
“It is likely that many countries will join in to invest in the project, Japan being one of them,” Prayut said.
The Nation
