Thailand and Myanmar sign pacts for joint development

business July 23, 2012 00:00

By The Nation

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Thailand's Prime Minister Yingluck Shinawatra and Myanmar President Thien Sein today signed three memoranda of understanding, including one dedicated for the joint development of Dawei Special Economic Zone and its related project areas.


At the press conference after the signing, Yingluck said that Thailand is committed to materialise the deep-sea port project in Dawei. Both see the mutual benefits of linking the ports in Dawei and Laem Chabang in Thailand. Thien Sein was in Laem Chabang yesteday.
Under another MoU on the development cooperation in Myanmar, Thailand has offered Myanmar assistance in four key areas - human capital, preparation as Myanmar will be Asean's chair in 2014, economic reform, and infrastructure development. While Thailand will participate in the Joint Committee to be hosted by Myanmar, there was a proposal for the establishment of the Myanmar-Thia Friendship Association which will work hand in hand with the Thai-Myanmar Friendship Association. Both also agreed to a ministerial working committee, which will start the first meeting in August to push through their agreements. 
The other MoU deals with the joint statement for the establishment of Energy Forum.
To promote border trade, three more permanent border check-points are proposed in Chiang Mai, Mae Hong Son and Kanchanaburi. Thailand is also considering opening one more check-point in Ratchaburi. 
Aside from the MoU on Dawei special economic zone, the leaders also signed a 
The discussion today also dealt with employment of Myanmar workers in Thailand and drug suppression. 
In another development, Nation Economic and Social Development Board (NESDB) Secretary-General Arkom Termpitayapaisit today said that the Thai government has approved two expressway projects, to link Thailand and Myanmar. 
The first, with 96-km length, will connect Bang Yai and Kanchanaburi, to require an investment of Bt46 billion. This is part of the government's Bt2.2 trillion infrastructure investment scheme. Feasibility study and the financing plan of the other, 70-km, to link Muang Kanchanaburi and Ban Phu Nam Ron is under way. Meanwhile, Italian-Thai Development is also building a 132-km linkage of Ban Phu Nam Ron and Dawei.