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

  • Nicaragua projects receive Japanese funding
    August 9, 2017
    Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
  • New road routes from South Sudan to Ethiopia
    March 2, 2017
    New agreements signed between South Sudan and Ethiopia will include the construction of new road routes connecting the two countries. The first of these projects will be for a road running through Boma, Bor, Dima and Raad. A road is also planned to run through Pagak, Gamebella and Palouge. The sections of road in Ethiopia that will connect with the stretches in South Sudan are already complete. Much of the financing for the projects looks likely to come from Ethiopia as war-torn South Sudan is suffering ser
  • Financing secured for Kenya road upgrade
    October 9, 2019
    Financing has been secured to pay for upgrading work for the road connecting Kenol, Sagana and Marwa in Kenya. The 84km route includes a stretch of the A2 road and will be widened to dual carriageway status, with two lanes in either direction and a central divider, rather than one lane in in either direction at present. Funding is being provided by the African Development Bank (AfDB) in the shape of loans worth US$237 million. The AfdB’s loan package will pay for around 69% of the work, with the People’s Ba
  • Cambodian road and bridge connection project planned
    September 17, 2019
    A new road and bridge project in Cambodia will improve transport between Kampong Thom Province and Kampong Chhang Province. The project is expected cost US$200 million and is being planned by the country’s Ministry of Public Works and Transport. Work on the project is intended to commence in 2021 and will result in the construction of a new 57km road link that will boost trade, tourism and the economic development of these neighbouring provinces. The road will link to the 3.9km bridge spanning the Tonle Sap