Thailand, Burma, Agree to Push Deep-water Port Project

Xinhua
Thursday, November 08, 2012

Thailand & Burma establish joint committee to facilitate construction of the border Dawei deep-seas port.

Thai Prime Minister Yingluck Shinawatra met with Myanmar Vice President Nyan Tun at Government House in Bangkok to discuss the Dawei projects, which have only made little headway and remained in need of an estimated 50 billion U.S. dollars in new funding.

The two neighboring countries have formed a high-level joint committee to discuss ways and means to facilitate the construction of the Dawei deep-sea port, an industrial estate, a gas pipeline and other infrastructure such as roads and railway to link the Myanmar coastal town with the Thai border province of Kanchanaburi.

The Yingluck government has assigned several Cabinet officials to sit in the Thai-Myanmar joint committee for the Dawei special economic zone projects, including Deputy Prime Minister Kittirat na Ranong, Energy Minister Pongsak Raktapongpaisal, Industry Minister Prasert Boonchaisook, Transport Minister Chatchart Sitthipan and Foreign Minister Surapong Tovichakchaikul.

Thailand has offered to help the Myanmar government find the money to finance the projects after Dawei Development Co (DDC), the Thai firm given a concession by the Myanmar government in 2010 to run the Dawei projects had reportedly planned to downsize the Dawei special economic zone.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Ports

Indiana Ports Sets Cargo Record in 2015

State's three ports handle 12 million tons for first time in 54-year history  INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015,

DP World Bolsters Investment in India

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations.

Owner Fined for 'Dangerously Unsafe' Vessel

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0760 sec (13 req/sec)