Plans afoot to seek the loans from Thailand for two lanes Dawei- Htikhee road which is included in the Dawei Special Economic Zone project (Dr. Than Myint, Union Minister for Commerce)

Plans are underway to seek loans from Thailand to build two-lane Dawei-Htikhee road included in the Dawei Special Economic Zone project, said Union Minister for Commerce Dr Than Myint, who is also chairman of Myanmar SEZ Central Work Committee.

The construction has been agreed and approval sought from relevant parliaments.

The government is also working together with Japan International Cooperation Agency to develop not only Dawei SEZ but also the whole of Tanintharyi Region.

The Thai government offered to provide loans with low interest rate for construction of a two-lane road connecting the Thai border and Dawei SEZ.

Myanmar's Ministry of Construction and Department of Highways from Thailand conducted a survey to measure the road axis. According to sources released by the Ministry of Information, the road will contribute substantially to the Dawei SEZ project and the local populace.

On July 4, 2015, Myanmar, Thailand and Japan signed a memorandum of intent including terms and conditions for Special Purpose Vehicle of Dawei SEZ Development Co Ltd, drawing a master plan, conducting a feasibility study on construction of a road connecting Myanmar and Thailand as well as other environmental and social issues.

Dawei SEZ Management Committee was established on October 12, 2016 with 12 members. It is chaired by Deputy Minister for Electricity and Energy Dr Tun Naing.  

(Eleven Media Group: http://www.elevenmyanmar.com/business/14347 )

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