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Thai contractor faces 108 billion baht debt crunch as some overseas projects fail

Thai contractor faces 108 billion baht debt crunch as some overseas projects fail
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Thailand's largest construction company faces $4b debt crunch as some overseas projects fail

The Inside Story of Thailand and Myanmar's Troubled Dawei Mega-Project

The Inside Story of Thailand and Myanmar’s Troubled Dawei Mega-Project A truck passes by a sign on a road leading to a deep seaport project in Mayingyi, part of the Dawei Special Economic Zone development, on Jan. 27, 2012. / Soe Than WIN / AFP 3.8k By Thai PBS World 26 January 2021 Myanmar’s long-delayed Dawei mega-project experienced yet another setback after contracts with Thailand’s construction giant Italian-Thai Development were canceled recently. The ambitious, but controversial Dawei Special Economic Zone (DSEZ) project seeks to transform the sleepy coastal town into Southeast Asia’s largest industrial and trade zone – covering an area of about 200 square kilometers and incorporating a deep seaport the size of Thailand’s Laem Chabang.

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