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.
Finance & Funding

Related Content

  • Thailand expressway contract funding
    May 7, 2019
    The Kasetsart Intersection-Nawamin Road northern expressway project in Thailand is expected to require funding worth US$457 million. Also called the N2 expressway, the 12.2km stretch of expressway will benefit from financing raised through an IPO organised by the Thailand Future Fund (TFF). The project has been delayed due to objections from the Kasetsart University over concerns at the expressway’s impact the structure of campus buildings. A number of other buildings lie close to the route and there may ha
    Read More
  • India funding links to Myanmar
    January 4, 2016
    Funding for new bridges that will improve transport links between Myanmar and neighbouring India will be provided by India. The funding will pay for the construction of 69 highway bridges across Myanmar. The work on the bridges is expected to be completed in the middle of 2019. The rebuilding of the Kalewa-Tamu-Kyigone route will cost some US$56 million and will improve transport and freight connectivity between both nations. The new road section will also be part of a proposed bus route between Mandalay, M
    Read More
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More
  • New airport road link for Thailand
    June 22, 2021
    A new road link will connect to an important airport in Thailand.
    Read More

Highlighted Content