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

  • Cameroon road construction project
    October 25, 2019
    The plan for a major new road project has been agreed in Cameroon. The 357km Ring Road project will connect Cameroon with neighbouring Nigeria. Part of the funding for the work is being provided in the shape of a loan worth US$20.7 million from the African Development Bank (AfDB). In all the project is costing $251.5 million. Only a 60.5km stretch between Ndop and Kumbo has been completed, with delays having been caused by instability in the region. However the new road will help transport and trade between
  • Thailand land bridge project proposed
    March 17, 2021
    The proposed Thailand land bridge project is to benefit from a study.
  • Vietnam’s key highway project receiving initial funding
    November 15, 2018
    Funding from the World Bank will help with the development of Vietnam’s North-South Expressway project. The Vietnamese Government has sourced US$214 million for the project already from its own funds. The highway will stretch 654km across the country, speeding transport and helping develop trade and tourism. Because of the project’s scale, the work is being split into 11 separate stretches and should be complete by 2025.
  • Myanmar bridge project moving forward
    December 12, 2016
    Plans are well underway in Myanmar for a new bridge connecting Thanlyin and Yangon. The project is expected to be complete by 2022 and is expected to cost US$302 million. The link will be tolled and will carry an estimated 5,000 vehicles/day when it opens to traffic. A loan facility from Japan is expected to pay for the majority of the project. An international contractor will carry out the main portion of the project, although sub-contracting will be carried out by local firms.