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

  • Romania seeking EU funding for road projects
    October 12, 2018
    Romania is keen to develop its road network and is seeking EU funding to help pay for a series of major projects. One of the key projects being prioritised is for the new ring road around the capital Bucharest. Building this ring road would reduce the numbers of vehicles having to pass through the city, helping to address congestion issues at peak periods. The Romanian Government is hoping to source a finance package worth over €1.3 billion from the EU for the ring road. Meanwhile tender process is under
    Read More
  • Japanese funding for Honduras bridge project
    February 2, 2024
    Japanese funding will help pay for a Honduras bridge project.
    Read More
  • New road funding plans face uncertain future
    September 29, 2014
    Worldwide the issue of road investment is facing close scrutiny. Developing nations are concentrating on developing road networks, benefiting from foreign loans or investments. Meanwhile in developed nations, the focus is more on road network repair rather than expansion.
    Read More
  • Chinese funding for Bolivia roads
    October 14, 2015
    Bolivia is looking to source funding for two major highway projects from China. This development could follow discussions between Bolivia's vice-president Alvaro Garcia Linera and Chinese funding bodies being held during his trip to China. The highways in focus are the links from Porvenir to Chive and from Chive to Ixiamas. The 151km Porvenir to Chive highway is expected to cost around US$385 million to construct. The 254km Chive to Ixiamas highway meanwhile is expected to cost $600 million. Should Chinese
    Read More

Highlighted Content