The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar. The move came after the Myanmar government finally approved borrowing of up to 4.5 billion baht in credit facility from Neda, the biggest loan the Thai agency has ever […]
Born to succeed, Italian-Thai president built construction giant
February 16, 2018 by
HIGH-FLYING Premchai Karnasuta, president of Italian-Thai Development plc (ITD), is one of Thailand’s most powerful businessmen after three decades of heading the construction giant, operating both in the Kingdom and across the Asean region. ITD, one of the country’s biggest construction firms, is the builder of many well-known infrastructure projects, including Suvarnabhumi Airport, the BTS […]
NEDA mulls soft loan to Myanmar for Dawei road link
May 8, 2015 by
THE NEIGHBOURING Countries Economic Development Cooperation Agency (NEDA) is considering a soft loan of about Bt4 billion to Myanmar to finance the construction of a 138-kilometre two-lane road from Dawei in Myanmar to Phu Nam Ron in Kanchanaburi province. Construction is expected to commence next year. The road would boost trade and investment between Myanmar […]
