Officials from the Japanese government told a Myanmar-Japan-Thailand joint meeting that the country is reconsidering its involvement in the Dawei Special Economic Zone.
“The Japanese government is interested in investing in the Dawei SEZ, but they are not making any decision yet. If the Japanese government wants to get involved in the SEZ, they have to use public funding. So they will explain the SEZ in Japan to any Japanese company that takes an interest,” said Deputy Minister of Transport Han Sein, who is also chairperson of the Dawei SEZ scrutinizing committee, when reached by Eleven Media yesterday.
The purpose of the first joint meeting, held in Yangon on September 26 and 27, was to persuade Japan to get involved as a developer country for the Dawei SEZ. A second meeting will be held in November.
At the second meeting, Myanmar and Thailand will form a joint-venture company and plan to give General Power (GP) to the company. The deputy minister said this arrangement was planned at the first joint meeting.
source: Eleven Myanmar
http://elevenmyanmar.com/business/3753-japan-to-reconsider-involvement-in-dawei-sez
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