Bids for international investors interested in investing in the first phase of Dawei's deep-sea port and special economic zone (SEZ) worth 30 billion baht are expected to be opened over the next one to two months.
Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong said yesterday the Dawei SEZ Development Co (DSEZ), a special purpose vehicle (SPV) set up to manage the port and zone between Thailand and Myanmar, would allow investors to focus on five projects comprising road development linking Ban Phu Namron in Kanchanaburi to Dawei in Myanmar, the port, the power plant, a water reservoir, and the industrial estate. This despite the fact that no government has committed money to the development of the Dawei project.
The Myanmar-Thailand Joint High-Level Committee (JHC) mutually agreed yesterday to establish the DSEZ with an equal shareholding and an initial investment of 12 million baht, far below the 100 million baht projected earlier.
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