Myanmar, Thailand invite Japan to join SEZ project

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Myanmar and Thailand have invited Japan to join in thedevelopment of Dawei Special Economic Zone ( SEZ) in Myanmar's southern Tanintharyi region, official media reported Wednesday.

Myanmar and Thailand, which have agreed earlier for the move, further invited Japan at a tripartite meeting in Bangkok to cooperate in the project as strategic partner in the SEZ development, said the New Light of Myanmar.

Seeking ways for prompt practical implementation steps of the Dawei SEZ project, the tripartite meeting among Myanmar, Thailand and Japan also focused on setting up of special purpose vehicles, share holders' agreements and framework agreement, project proposal, resettlement and Japan's participation in the project, it said.

Initially, Myanmar and Thailand agreed ona five-year infrastructure development plan of the Dawei SEZ which includes roads connecting the Dawei project to border province of Kanchanaburi, small-size sea port, natural gas-fuelled power generating plant, reservoirs and land development for industrial estates.

Myanmar and Thailand set up a joint committee on comprehensive development of the Dawei SEZ and its related projects during U Nyan Tun's last visit to Bangkok in November 2012 and its second meeting was held in Bangkok over the last two days.

The project was agreed during a visit to Thailand by President U Thein Sein earlierin July of the year.

Myanmar and Thailand signed a framework agreement in November 2010 covering the projects of industrial zone, road and rail link to Thailand in the Tanintharyi region.

The Dawei deep sea-port, industrial zone and road and rail link to Thailand construction project represents the first ever special economic zone in Myanmar.

The project includes construction of Dawei deep sea-port, buildings for shipyard and maintenance work, establishment of zone, petrochemical industries, oil refinery, steel plant, power stations and Dawei-Bangkok motor road and railroad and laying of oil pipeline along the motorway and railroad.

Meanwhile, Thai Prime Minister Yingluck Shinawatra visited the planned project site in December 2012for the first time, pledging to cooperate closely with Myanmar to implement the project more effectively.