Thu 27 Sep 2012
Filed under: Business / Trade,International,News
New York – Leaders of Thailand and Myanmar have agreed to speed up the Dawei deep sea port project and will announce their development plan this November under the three-level mechanism.
The confirmation came during half and hour of bilateral talks between Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein on the sidelines of the United Nations General Assembly.
They also agreed they want the project to progress quickly and Myanmar would like meetings under the three-level mechanism to continue, said a source.
The three-level mechanism comprises a joint high level committee chaired by the Myanmar deputy president and Thai Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong; a coordinating committee headed by the Office of National Economic and Social Development Board; and the six sub-committees on infrastructure, industrial estates, energy, community development, rules and laws, and financial aspects, said the source. The sub-committees will be headed by the relative ministers in each country.
“Thailand and Myanmar will announce the project plan during the Asean Summit in Cambodia this November and the Bangkok government will host the first meeting soon,” added the source.
Other issues to be discussed during the meetings include Thailand’s interest in cooperating with Myanmar to develop its economic special zone at Thilawa port in Yangon, he said.