Dawei Deep Sea Port News

Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand. BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region, offering a shortcut for logistics and bringing new business opportunities and foreign investment to Thailand. After conclusion on signing of Memorandum of Understand between Thailand and Myanmar to construct Dawei Deep Sea Port…

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.

Presidents of Thailand & Mynamar (Burma) agree on port development for deep-sea port to enable Malacca Strait bypass route. Thailand and Myanmar agree to set up a joint committee to follow up on economic cooperation that includes linking Myanmar's future Dawei deep-sea port with the Thai Eastern Seaboard. The deal came at the end of talks between Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra at Government House in Bangkok. Dawei, in southern Myanmar, is a key project for Thailand's economy, especially trade, more than for Myanmar, because it would cut travel time to the West for Thai goods (as well as goods from Laos, Cambodia and Vietnam), allowing ships from the Indian Ocean to bypass the Malacca Straits.