Stalled Dawei port project infuriates contractor

 

Bangkok: The protracted development of the deepsea port of Dawei in Myanmar is causing consternation.
 
No clear support from the governments of Myanmar and Thailand is the source of the problem, according to Somchet Thinaphong, the managing director of Dawei Development Co (DDC).
 
DDC was established by contractor Italian-Thai Development Plc, which has been granted a concession from the Myanmar government to develop a special economic zone and deepsea port in Dawei.
 
The contract includes a 160km road linking with Thailand's border. The port will cost $2bn and the road $1bn.
 
''So far, we've seen reports that the Thai and Myanmar governments have agreed to push the Dawei project forward jointly, but we've not received documents from any party that would inform us what they will do,'' Dr Somchet told local media.
 
Thai Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein discussed the issue on the sidelines of the United Nations General Assembly in New York last week. Japan has said it would be happy to help part finance the port.  [05/10/12]
 
 

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