Infographic : Dawei Special Economic Zone and Deep Seaport Project

Introduction

Dawei Special Economic Zone (SEZ) and Deep Seaport Project will be one of Myanmar grandest investment project, both the size and the amount of capital invested. In the beginning, the project was released to cover nearly 250 square kilometers and to cost over 300 billion THB. In November 2010, the Myanmar government granted development concession permit to a Thai company named Italian-Thai Development PCL (ITD). Inside the SEZ would consist of various types of heavy industrial infrastructures including a petrochemical factory, a steel mill, a chemical fertilizer manufacturing factory and a 4,000-MW coal-fired power plant. The SEZ would be connected to a large deep seaport, transportation routes to Thailand (e.g. roads, railways, oil pipelines and high voltage transmission lines), and a large water supply reservoir. Since then, ITD and Thai government agencies had been promoting[1] the Dawei project as an important investment to increase Thailand’s competitiveness. There were beliefs that the Dawei project would attract investors from around the globe, create jobs, increase trades and transfers of services, technology and knowledge. The Dawei project would be an important puzzle to complete ADB’s plan for the Southern Economic Corridor as trading ships would have the alternative from crossing at Malacca Strait—where it is currently crowded and costly.

The Dawei project and deep seaport was first actualized in 2008. By the time of this report, the Dawei project has been made public for over eight years already. This report divided the project into 3 phases based on significant changes on the project and key actors.

Phase 1: 2008-2010 covers the duration of the feasibility study conducted by ITD and the signing of the Framework Agreement between ITD and Myanmar Port Authority under the Ministry of Transport on 2 November 2010.

Phase 2: 2011-2013 focuses on ITD’s operation after the signing until the first termination of the concession. This duration includes the establishment of the SPV in Thailand jointly by the Thai and Myanmar governments and DSEZMC on 21 November 2013.

Phase 3: 2013-present  covers the operations of DSEZMC and the SPV and looks at how the Thai and Myanmar governments involved in promoting the Dawei project.

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[1] Somchet Thinaphong, Managing Director of Dawei Development Company Limited. The Dawei Industrial Estate and Deep Sea Port: Enhancing Thailand’s Competitiveness Through the Global’s New Hub of the 21st Century.

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