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

  • Italy highway widening funding found
    February 27, 2017
    Funding has been sourced to pay for widening work on Italy’s important A4 Autostrade. The section from Venice to Trieste will benefit from a finance package worth €600 million from the European Investment Bank (EIB) and the Italian bank Cassa Depositi e Prestiti (CDP). The funding will be supplied to Autovie Venete, the Italian motorway concession firm. This will pay for the construction of third lanes for the highway in either direction, helping boost capacity. The route has been identified as being strate
    Read More
  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • ADB providing funding for Pakistan highway
    June 22, 2016
    Much of the funding for the completion work necessary for Pakistan’s M-4 Highway is being provided by the Asian Development Bank. This will come in the shape of a loan worth US$100 million. A further $34 million in funding is being provided through a grant from the Department for International Development (DFID) in the UK. The highway is of enormous economic importance for Pakistan and the region as it will boost trade and assist with political stabilisation of the region. The M-4Highway forms part of an
    Read More

Highlighted Content