BANGKOK (DPA) — A signing agreement that would kickstart construction of the Dawei deep-sea port in Myanmar has been delayed for the third time, an official said Thursday.
The Thai and Myanmar governments, along with real estate developer Italian-Thai Development, postponed the signing until early June.
The delay is reportedly due to administrative slowdowns in Naypyidaw, according to Pravee Kamolkancha, Italian-Thai's marketing manager. The Thai government and Italian-Thai Development are ready to sign the agreement, he said.
The signing agreement was delayed twice before; it was first due to be signed in March, and then in April.
When completed, the Dawei project would be the largest of its kind in South-East Asia. The 200-square-kilometre project will include a deep-sea port and special economic zone.