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

  • Ethiopia road project secures funding
    August 9, 2019
    A road project in Ethiopia is benefiting from a financing package worth US$98 million being provided by the African Development Bank (AfDB).
    Read More
  • Bangladesh transport infrastructure upgrade from loan
    December 13, 2018
    A loan package from the World Bank will help pay for transport infrastructure upgrades in Bangladesh.
    Read More
  • Thailand road development planning
    May 2, 2019
    A group of experts from Thailand have been visiting the UK to research methods that would help boost road development. The planning and engineering team from Thailand’s Department of Rural Roads (DRR) have been holding meetings with UK counterparts about adopting a scheme similar to its Highways Authority Approval Scheme (HAPAS). The DRR has the responsibility for over 47,700km of Thailand’s 396,600km road network, upgrading paved and earth roads and delivering bridge projects. This is intended to boost so
    Read More
  • Japan agrees to help Thailand on East-West Economic corridor work
    November 17, 2014
    Japan has agreed in principle to provide financial assistance to Thailand for road construction and upgrades in connection with the East-West Economic Corridor. The corridor is based on 1,450km of highway running across four Southeast Asian countries. The idea of investing in the corridor was originally proposed during a multi-national ministerial conference in Manila, Philippines, in 1998. Much of the route had been completed by 2010, according to review document by Asian Development Bank. It also noted t
    Read More

Highlighted Content