New studies on Dawei megaproject | Bangkok Post: business

Business >

New studies on Dawei megaproject

Cost estimate rises by 62.5% from 2 years ago

Thailand and Myanmar have agreed to revise all development projects in Dawei to make them more realistic and attractive for foreign investment.

New studies on the Myanmar megaproject will cover infrastructure including roads, a deep-sea port, water, power and industrial estates and must be completed this month.

The third meeting of the Dawei joint steering committee last Wednesday and Thursday decided all development projects need a review and additional analysis so as to ensure an accurate picture of revenue and expenditures for investors.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • Cinemas refuse to cut ticket prices

    Thailand's leading cinema operators, Major Cineplex and SF Cinema Group, insist they will hold ticket prices at current levels, and claim their popcorn is expensive because it is imported.

Forum

image

Your comments

  • DonAleman

    ThailandPost : 523

    Send message

    Discussion 1 : 11 Mar 2013 at 04.351

    1). It is virtually, if not literally,imposssible for the projected
    construction costs to have risen 62% in just 2 years if the last
    "study" was done correctly.
    2). Does the public know that each of these error filled "studies"
    cost millions.

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.