Round-up of regional news
BURMA
Deep-sea ventures
Officials in Burma and Thailand are planning to develop a new deepwater port near Dawei, a port city in the Taninthanyi division, south of Rangoon. In November, an initial agreement was signed between the Burmese authorities and a joint Italian-Thai company. As things stand, this and related projects are to be completed in three phases over the course of a decade, at a cost of USD 13 billion.
The project is part of a larger plan to set up a full-fledged industrial zone around Dawei, the first such in Burma. This would include establishing new road and rail links, to connect the Dawei seaport to the mainland and onward, all the way to the Burma-Thailand border. In addition, the industrial zone is envisioned to house an oil refinery and petrochemical industries, and the hub of a new oil-pipeline network. Plans for a second seaport are also in the works; this would be located near Kyaukphyu, on the northern tip of Ramree Island (also known as Yangbye), off of Rakhine state in the Bay of Bengal. This would serve as a transit base for goods headed for Chittagong, Rangoon and Kolkata.