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Economy

Myanmar removes Thai builder from Indo-Pacific economic-zone project

Italian-Thai Development's funding issues had slowed construction of Dawei

A sign showing the road leading to Thailand is seen near Dawei in southern Myanmar, close the site of a planned special economic zone and deep sea port.   © Reuters

BANGKOK/YANGON -- Thai construction company Italian-Thai Development has been told by the Myanmar government that its services are no longer needed in the development of the Dawei Special Economic Zone.

The Dawei project is a joint project by the Myanmar and Thai governments that envisions constructing a deep-sea port to the west of Bangkok, enabling Thai businesses to reach the Indian Ocean without passing through the Strait of Malacca.

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