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Thailand hopes new Mae Sot bridge will boost trade with Myanmar
Business

Thailand hopes new Mae Sot bridge will boost trade with Myanmar

published : 30 Oct 2019 at 14:14

writer: Assawin Pinitwong

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)


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