Myanmar to tap ADB for Dawei loans
Bangkok Post - Published: 2 Oct 2013
The stagnant Dawei deep-sea port and
industrial project took a small step forward after Myanmar agreed to secure
loans from the Asian Development Bank (ADB) to invest in significant
infrastructure development.
Deputy Prime Minister and Commerce
Minister Niwatthamrong Bunsongphaisan said yesterday that at the recent
tripartite meeting with Thailand and Japan that Myanmar remains strongly
committed to Dawei, saying that the project will play a significant role in the
nation's future economic development.
Thailand, Myanmar and Japan held a
meeting in Yangon last Friday to discuss ways to get the Dawei deep sea port
and industrial project off the ground.
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