December 14, 2017

Dawei SEZ projects bring jobs, investment: vice president

Vice President U Nyan Tun greets Thailand’s Deputy Prime Minister Pridiyathorn Devakula.
Vice President U Nyan Tun greets Thailand’s Deputy Prime Minister Pridiyathorn Devakula.

The initial-phase development projects of the Dawei special economic zone will create job opportunities and attract foreign investment, Vice President U Nyan Tun told the fourth Myanmar-Thailand Joint High-level Committee Meeting here on Wednesday.
“The projects will create approximately 300,000 jobs for local people by 2025, bring in foreign investment and technologies, and lead to much-needed infrastructure that will boost the socio-economic development of the region,” the vice president said.
The initial projects include construction of transport facilities, ports, power stations, water supply and communications services.
Vice President U Nyan Tun expressed his belief that the special economic zone project would benefit Myanmar and Thailand, thereby serving the interests of Southeast Asian nations and the world as a whole.
Thailand’s Deputy Prime Minister Pridiyathorn Devakula described the Dawei SEZ project as crucial to the ASEAN region, dubbing it a southern economic corridor of the Great Mekong Subregion. He added that the economic corridor will serve as a regional supply chain linkage between Cambodia and Vietnam through Thailand’s eastern seaboard.
The meeting sought ways to let Japan participate in the project, followed by a trilateral meeting involving Myanmar, Thailand and Japan. At the trilateral meeting, Japan reaffirmed its assistance to the SEZ project.

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