Dawei port stalled | Bangkok Post: business

Dawei port project stalled

Published: 12 Feb 2013 at 00.15
Online news:

Development of the Dawei deepwater port has stalled because of planning uncertainties and conflicts with potential investors, Transport Minister Chadchat Sittipunt admitted Monday.

The minister, who heads a sub-committee on infrastructure development in the Myanmar-based Dawei special economic zone, said the Office of Transport and Traffic Policy and Planning had yet to study several key aspects of the project.

These include studies into public utility demand, suitable utility fees, total required investment, development timeframes and technical aspects of infrastructure including port locations.

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Birdie
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Discussion 3 : 12 Feb 2013 at 03.253
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Simple, get the prime minister's family to invest.
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boons
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Discussion 2 : 12 Feb 2013 at 02.482
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Translation #2: Burma is a political, social and economic basket-case with an unstable government, an active war in the north, an obvious inability to deal with its own social problems and is already hopelessly overvalued. If Burma is an "emerging market" then Cambodia must be positively "cosmopolitan" by comparison. Investment of this scale is simply premature. But don't tell the bankers. They're drooling all over themselves in a mad rush to lose money.
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dao
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Discussion 1 : 12 Feb 2013 at 00.341
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Translation : No one wants to pay for it .There are two other ports being built .China will pay for one and the other is more central .
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Dawei port stalled | Bangkok Post: business

Dawei port project stalled

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