Thai Industry Pushes into Myanmar

It’s unprecedented: the largest industrial estate and deep sea port complex conceived in Southeast Asia. It’s controversial: trampling pristine shorelines; felling valuable forests and orchards; paving highways through remote mountain passes and uprooting ethnic minorities all along the way.

Dawei LNG for Shell

The firm has signed a Joint Development Agreement with Thai companies Italian-Thai Development and LNG Plus International in Bangkok on August 19 to cooperate on developing the terminal. It will consist primarily of an LNG receiving and re-gasification terminal at Dawei special economic zone.

KOICA signs for Dala and Bago master plans

Clare Hammond Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network. The South Korean government’s grant aid arm recently signed with the minister to prepare two regional development plans, said chief […]

Da Nang looks for more Japanese investment

VNS Viet Nam has become the second biggest destination for Japanese investors in ASEAN – after Thailand – with 1,463 members in the Federation of Japanese Chambers of Commerce and Industry in ASEAN (FJCCIA). A Tokai Viet Nam worker tests products at factory in Da Nang’s Hoa Khanh Industrial Zone. The company invested US$10 million […]

Myanmar seeks over $100m for Asean connectivity project

Myanmar’s Construction Ministry is seeking the parliamentary approval for a US$120 million loan to upgrade the Kawkareik-Mawlamyine-Thaton Road, a part of the Greater Mekong East-West Economic Corridor. It plans to borrow US$100 million from the Asian Development Bank (ADB) and $20 million from the bank’s Asean Infrastructure Fund.