Myanmar, Thailand coordinate to push for speedy SEZ development

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Xinhua, Yangon :
Myanmar and Thailand have further coordinated on pushing for speedy development of the delayed Thai- invested Dawei Special Economic Zone (SEZ) in southern part of the country’s Tanintharyi region.
Co-chaired by Myanmar Vice President U Nyan Tun and Thai Deputy Prime Minister Pridiyathorn Devakula, the third meeting of Myanmar-Thailand Joint High Level Committee on comprehensive development of the Dawei SEZ was held over the last three days in Bangkok.
The two countries reaffirmed their commitment to the development of the Dawei SEZ, which is a 196 square-kilometer strategic development project.
As part of the meeting, an official trilateral meeting with Japan also took place, in which Japan offered support to the project.
The initial phase of construction, which will start during this year, will consist of industrial estate of up to 27 square- kilometers, a two-lane road between Dawei SEZ and Thailand, LNG terminal, telecom landline, power plant, small port and water reservoir, according to a press lease.
Exclusive negotiations are underway with a Thai consortium regarding the concession agreements on the initial phase development.
Meanwhile, a long-term master plan for Dawei SEZ is being developed with the support of Neighboring Counties Economic Development Cooperation Agency (NEDA) from Thailand. The plan includes such infrastructure as a deep seaport and the high way connecting the SEZ with Thailand.
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