Wednesday, May 20, 2015

Dawei SEZ moves forward, but port stalls

Port Strategy - 14 May 2015

Japan is enter a trilateral cooperation with Thailand and Myanmar to develop Dawei Special Economic Zone (SEZ), according to official Thai sources. The three nations are scheduled to sign an agreement this July, Deputy Prime Minister MR Pridiyathorn Devakula said via Thailand’s official NNT news agency.

Thailand’s Prime Minister General Prayut Chan-o-cha will attend the official signing ceremony in person, Mr Devakula added. The investment co-operation would be done in stages beginning with the construction of public utilities, infrastructure and road links to Thailand before moving on to mega projects such as power plants and small sea ports, he added.

However, contract signings for the mega port itself have been postponed for a third time this year. “The Myanmar administration has postponed contract signings with Italian-Thai Development Public Company Limited and Rojana Industrial Park Public Company Limited, which were previously scheduled in April,” official Thai news agency NNT said.

NNT gave no source for its information but added the Myanmar government had rescheduled signing the agreement to June 1. Dawei is a mega-port with an attached industrial park that will be built on Myanmar’s southern coast and connect to Thailand by still-to-be-built road and rail links