Dawei plans will affect Thailand’s Eastern Seaboard | Bangkok Post: business

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Dawei plans will affect Thailand’s Eastern Seaboard

The Thai government’s plan to transform the Kingdom into a transport and services hub for Southeast Asia presents huge opportunities for Thai business. A central feature of this plan is the development of the Dawei deep-sea port in Myanmar, linking India, Africa and Europe with China, Southeast Asia and other East Asian countries via Thailand.

The plans for Dawei are hugely ambitious, and the opportunities are tremendous. This special economic zone is planned to house the largest industrial estate in Southeast Asia, while the deep sea port will become a major hub for trade across Asia, cutting down transport time and improving shipping security.

The development of Dawei has been slow to get off the ground — in part because of the ambitious nature of the plan. However now it appears to have received fresh impetus as Japan has agreed to become a partner in the  project.

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