Thailand hopes new Mae Sot bridge will boost trade with Myanmar

Thailand hopes new Mae Sot bridge will boost trade with Myanmar

A new Thai-Myanmar Friendship Bridge over the Moei River opens on Wedesday betwee Mae Sot district of Tak province and Myawaddy town of Myanmar. (Highways Deprtment photo)
A new Thai-Myanmar Friendship Bridge over the Moei River opens on Wedesday betwee Mae Sot district of Tak province and Myawaddy town of Myanmar. (Highways Deprtment photo)

TAK: Thailand is counting on a new bridge connecting with Myanmar to increase border trade between the two countries.

Transport Minister Saksayam Chidchob said after opening the second Thai-Myanmar Friendship Bridge that the new link between Mae Sot district and Myanmar's Myawaddy will increase border trade to 100 billion baht per year from the current level of 78 billion baht.

Mr Saksayam and Myanmar Construction Minister Han Zaw chaired the ceremony at the border between their countries. The new bridge has been built to ease traffic jams at the old bridge.

The Mae Sot checkpoint is a major gateway for border trade between Thailand and Myanmar. Border trade between the countries accounted for 190 billion baht in the 2018 fiscal year, 78 billion of them through Mae Sot district.

The two bridges and their approach roads in both countries form part of the East-West Economic Corridor project to link Southeast Asia with other parts of Asia, including India.

Transport Minister Saksayam Chidchob (right) and Myanmar Construction Minister Han Zaw open the new Thai-Myanmar bridge. (Photo by Assawin Pinitwong)



Do you like the content of this article?
COMMENT (11)

Cops raid illegal beauty clinics, arrest eight suspects

Six women and two men have been arrested after police and health authorities raided eight illegal beauty clinics in Bangkok, Chon Buri, Samut Songkhram and Pathum Thani.

6 Dec 2022

PPRP faction rebuts defection rumours

The Pak Nam clique in the ruling Palang Pracharath Party (PPRP) pledged to stick with the PPRP for now, although its future in politics remains up in the air, faction member Sunthorn Pansaengthong said on Tuesday.

6 Dec 2022

BCPG preps Asia's largest wind farm in Laos

BCPG Plc, the renewable power generation arm of Bangchak Corporation Plc, is planning to build Asia’s largest wind farm in Laos in cooperation with PowerChina International Group.

6 Dec 2022