Skip to main content

Myanmar project to be funded from Thailand?

Funding for a road project in Myanmar looks likely to come from Thailand. The project and the possibility of a finance package for the work has been discussed in Myanmar’s parliament. The funding would come in the shape of a loan worth US$136 million and would help pay for the construction of the two-lane link. The new road connection will run between Myanmar’s Dawei Special Economic Zone (SEZ) and Thailand.
September 28, 2017 Read time: 1 min
Funding for a road project in Myanmar looks likely to come from Thailand. The project and the possibility of a finance package for the work has been discussed in Myanmar’s parliament. The funding would come in the shape of a loan worth US$136 million and would help pay for the construction of the two-lane link. The new road connection will run between Myanmar’s Dawei Special Economic Zone (SEZ) and Thailand. Discussions have also been held between the two countries with regard to the planning and funding processes.

Related Content

  • Thailand highway development project to connect with neighbours
    May 23, 2019
    Thailand is looking to support a major highway project that will connect with its neighbours. A new 138km highway link will improve transport connections between Thailand and Myanmar’s Dawei Special Economic Zone. This route will likely receive financial support via Thailand’s Neighbouring Countries Economic Development Cooperation Agency (NEDA). This is just one of several projects NEDA is aiming to assist. NEDA is in talks with representatives of a number of neighbouring countries such as Laos and Cambodi
  • New bridge project to boost Myanmar-Thailand cross-border connectivity
    June 4, 2015
    The tender process is being planned for the Myanmar-Korea Friendship Bridge, which will connect Myanmar’s commercial centre Yangon to Dala Township. Over $137 million in loans have been pledged by the Korean Economic Development Cooperation Fund to develop the 1.87km long suspension bridge. The tender process will be international and the work is due for completion by 2020. In all the project is expected to cost in the region of $168 million.
  • Myanmar port road project planned
    April 19, 2018
    Plans are being drawn up for a new road link that will connect Myanmar’s main deep-sea port of Dawei with neighbouring Thailand. The development of the new route is being approved by Thailand’s Neighbouring Countries Economic Development Cooperation Agency (Neda). The project is expected to cost US$144.2 million and the road will be around 100km long. A full finance package has yet to be finalised for the project but a series of loans are being sought. Once complete, the road will connect the port of
  • Myanmar’s international connections with neighbours
    April 6, 2018
    A major road development will be the establishment of a new link connecting Myanmar with other countries in South East Asia. The new highway will allow drivers to travel from Myanmar to Thailand as well as Vietnam and Cambodia. A loan worth US$144.3 million from Thailand will help pay for the section of the route in Myanmar between Dawei and Hteekee. Once complete the highway will connect Ho Chi Minh City in Vietnam with Siem Reap and Phnom Penh in Cambodia and Kanchanaburi and Bangkok in Thailand. Called