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.