Thailand-based PTTEP has denied being involved in a multi-billion dollar deep seaport and other heavy infrastructure projects in the Ayeyarwady region.
In a letter to Eleven Media, PTTEP International General Manager
Kanok Intharawijitr said PTTEP, which operates an oil and gas
exploration and production in Myanmar, has neither established nor is a
shareholder of Amera Asia Co involved in the Ayeyarwady project.
It was reported earlier that the project had been initiated by a
company of a similar initial PTTE, which could be confused with the Thai
company. The project claimed a US$5.5-billion investment, according to
Kyaw Win Naing, Minister for Labour and Municipality Affair of
Ayeyarwady region government.
PTTE will establish Amera Asia Company in Ayeyarwady region to implement the project, according to the minister.
The project is included Ngwe Saung-Chaung Thar deep seaport, three
industrial zones in Pathein-Wakaema, four 700-Mega Watts electric
generators and Pathein-Yangon expressway and railroad, the minister
said.
source: Eleven Myanmar
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