BANGKOK/TOKYO -- Thailand's largest industrial estate developer has suspended work on a $1 billion project in Myanmar due to fears that the military coup and possible international sanctions will drive investors away from the country.
Myanmar Crisis
Thailand's Amata halts $1bn Myanmar property project after coup
Developer worried about sanctions while Suzuki and ANA suspend operations
Thailand's Amata is developing a major industrial complex outside Yangon, Myanmar's biggest city. (Conceptual drawing courtesy of Amata)
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