A recent joint meeting between Thailand and Myanmar on the development of the Dawei Special Economic Zone (DSEZ) touched on concession agreements for the project's initial development phase and a supplemental memorandum of understanding Thailand’s The Nation reported on 10 August.
The fourth Thailand-Myanmar joint high-level committee meeting for the SEZ and related project zones took place in Nay Pyi Taw on 5 August.
Concession agreements for the initial development phase and the supplemental MoU were approved by relevant state agencies in Myanmar.
The projects under these deals include a small port, a small power plant, a small water reservoir, and a telecommunications system.
After the meeting, the DSEZ management committee also entered into concession agreements for the initial development phase with the consortium of Italian-Thai Development, Rojana Industrial Park Public Co, and LNG Plus International.
The committee approved in principle the use of the baht for trade and investment in Myanmar’s special economic zones.
Thailand and Myanmar agree on concessions for Dawei SEZ
10 August 2015
Thailand and Myanmar agree on concessions for Dawei SEZ