PM's visit boosts Dawei | Bangkok Post: business

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PM's visit boosts Dawei

Project gets 'blessing'of Yingluck, Thein Sein

Business figures welcomed a visit by Thai and Myanmar leaders to Dawei yesterday, saying it has boosted confidence in the massive project despite concerns over finance and the lack of a clear development plan.

Somchet Thinaphong, managing director of Dawei Development Co (DDC), said the visit of Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein was the "blessing" for the Dawei project in eastern Myanmar.

Myanmar and Thailand signed a memorandum of understanding to cooperate in developing the area in 2008.

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