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 […]
Govt mulls B4.5bn loan for Myanmar
February 23, 2017 by
Thailand is considering granting a 4.5-billion-baht loan to Myanmar to fund an infrastructure development project including the planned construction of a 132-km long road to stretch from the Thai-Myanmar border in Kanchanaburi to the Dawei special economic zone in the neighbouring country. Transport Minister Arkhom Termpittayapaisith revealed this on Tuesday, saying the loan request was […]