Thailand’s The Nation reported on Wednesday that Burma’s government has “caused Thailand concern” by proposing a significant reduction in the overall area of the Dawei Special Economic Zone from 204.5 sq km to 150 sq km.
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| Burmese President Thein Sein (right) discusses details with Thai Premier Yingluck Shinawatra as they travel to the Dawei Special Economic Zone. (PHOTO:Yingluck Shinawatra / Facebook) |
The news comes just a day after Burma’s President Thein Sein and Thai Prime Minister Yingluck Shinawatra told reporters in Dawei that both governments would back the multi-billion-dollar project and would actively seek investors.
The Nation went on to quote the Thai Transport Minister as saying: “This is the first meeting in which Myanmar's president clearly said he would invite a third country, likely Japan, to join in the investment. It is a benefit, as Japan has long-term funding sources for investment in infrastructure, including the port and roads.”
Thailand is committed to 35 percent of the US $9 billion-dollar industrial zone set to be located in Burma’s southern Tenasserim Division.
Due to begin in April, the Dawei project involves a deep-sea port, power plants and factories. The Thai investment also includes financing for a highway to run from Dawei on Burma’s Andaman coast across the Thai border to Kanchanaburi and on to Bangkok.
Links : http://www.mizzima.com/news/inside-burma/8593-burma-wants-to-downsize-dawei-says-thai-daily.html
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