Dawei Development Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Japan: Withdraw from Coal Power Plant Project in Vietnam Yoshihide Suga, Prime Minister of Japan Taro Aso, Minister of Finance Hiroshi Kajiyama, Minister of Economy, Trade and Industry Tadashi Maeda, Governor, Japan Bank for International Cooperation Atsuro Kuroda, Chairman and CEO, Nippon Export and Investment Insurance Takehiko Kakiuchi, President and CEO, Mitsubishi Corporation Mareshige Shimizu, President and CEO, Chugoku Electric Power Co. Kanetsugu Mike, President and CEO, MUFG Bank Koji Fujiwara, President and CEO, Mizuho Bank Makoto Takashima, President and CEO, Sumitomo Mitsui Bankin...

Myanmar has dismissed the developer for what would be Southeast Asia’s largest economic zone, throwing Dawei SEZ into question yet again. Though the grandiose plan is backed by Thailand, Japan and China, its continued financial struggles reveal a project plagued by instability and mismanagement. Editorial Myanmar’s Dawei Special Economic Zone (SEZ) has hit yet another snag as the Myanmar government has terminated its agreement with a Thai construction company to build the US$8 billion, 200-square-kilometer project. Italian-Thai Development (ITD) announced on December 30 that the Myanmar g...