Kittiratt: Consultants to the rescue | Bangkok Post: business

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Kittiratt: Consultants to the rescue

A special-purpose vehicle (SPV) and the scale of investment in Myanmar's Dawei megaproject must be settled before a framework for the partnership deal is signed, says Deputy Prime Minister Kittiratt Na-Ranong.

The joint subcommittee on Dawei chaired by Mr Kittiratt agreed on Thursday that consultants should be hired to study a proper location for the management office and whether the SPV should be set up in Thailand, Myanmar or a third country.

The Fiscal Policy Office (FPO) has suggested the SPV be registered in Thailand in the form of a mutual fund or government infrastructure fund.

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  • mdssr

    ThailandPost : 32

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    Discussion 1 : 19 Jan 2013 at 10.271

    "Consultants are needed to make sure Thailand's investment in Dawei is worthwhile," he said.

    So why our PM is so implicated and dedicated to this project if she still doesn't know if it is worthwhile or not ? I wonder how much money was already spent??

    I also wonder why so many billions would be spent out of the country when the country itself is in need...

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