The Myanmar government, through the Dawei Special Economic Zone Management Committee, and a consortium of private developers signed on Wednesday a concession agreement regarding the Dawei Special Economic Zone (Dawei SEZ) initial phase development.
The consortium of private developers includes Italian-Thai Development Public Company Limited, Rojana Industrial Park Public Company Limited and LNG Plus International Company Limited.
The initial phase development involves the construction of a small port, power plants, a two-lane road to Thailand, an LNG terminal, an initial township, a telecom landline and an industrial estate focusing on labor-intensive industries, according to a statement by consultancy Roland Berger.
“Eventually, the zone will have a deep seaport as well as a highway to Thailand,” said Damien Dujacquier, Partner at Roland Berger. “The aim is to create a regionally-integrated, world-class and export-focused special economic zone.”