ITD Seeks to Attract Light Industry to Dawei
31 October 2012
Italian-Thai Development (ITD), the main investor in the Dawei deep-sea port and special economic zone in southern Burma, plans to spend more than 1 billion baht (US $32 million) on infrastructure to help attract light industry to the project, according to a report by Reuters. The plan includes building a 33-megawatt power plant and road and water systems. “We are arranging land area of 633 rais [101 hectares ] for the light industries. For heavy industry, we are still working on that,” said Somchet Thinaphong, managing director of Dawei Development Co, a subsidiary of ITD.