Friday 20 September 2013

Myanmar Eyes Success In Joint Dawei Investment With Thailand

BANGKOK, Sept 18 (Bernama) -- Myanmar is eyeing for successful investment with Thailand in projects related to the development of its Dawei deep seaport, Thai News Agency (TNA) reported.

Myanmar's Supreme Commander, General Min Aung Hlaing, on Tuesday conveyed the message from Myanmar's President Thein Sein, during a courtesy call on Thai Prime Minister and Defence Minister, Yingluck Shinawatra at Bangkok's Government House.

Yingluck responded positively and gave assurance of the Thai government's strong commitment to mega investment projects.

Myanmar's Dawei deep seaport development, initiated in 2008, covers the construction of the deep seaport itself and an industrial complex in the southern Myanmar township, with both governments having formed a joint venture named, Special Purpose Vehicle-1, to run their joint investment.

At Tuesday's meeting, the Thai prime minister and the Myanmar armed forces chief also discussed diplomatic and military relations between Bangkok and Nay Pyi Taw, Myanmar's capital.

The two leaders also discussed bilateral trade and other economic ties and cooperation between Myanmar and Thailand, covering those of their border economic activities, which have been promoted by opening more of their permanent border checkpoints.

On the bilateral cooperation against narcotics, the Myanmar armed forces chief proposed extensive joint cross-border actions, not only between the armed forces, but also the administrative officials, in preventing and suppressing drug traffickers along their common border.

source: Bernama

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