The Dawei SEZ Management Committee held the public Consultation Meeting in Dawei regarding the Progress of Dawei SEZ on the date of 19th January 2018.

DECEMBER 2015, BANGKOK- JAPAN SIGNS SHAREHOLDERS AGREEMENT WITH THAILAND AND MYANMAR OFFICIALLY BECOMING THE THIRD SHAREHOLDER IN THE MASTER DEVELOPER FOR LONG-TERM DEVELOPMENT OF DAWEI SPECIAL ECONOMIC ZONE

On 14th December 2015, Japan signed the Shareholders Agreement with Thailand and Myanmar to officially be the third shareholder in the Dawei SEZ Development Company Limited, the Master Developer for the long-term development of Dawei Special Economic Zone in Myanmar. The signing signals the commitment from the governments of Thailand, Myanmar and Japan in supporting the development of Dawei Special Economic Zone. Thailand, Myanmar and Japan will hold equal shares in the Dawei SEZ Development Company Limited.

Dawei SEZ Development Company Limited is a special-purpose vehicle (SPV) company established in June 2013 with registered capital of 12 million Thai baht. It has been equally co-owned by the Thai and Myanmar government and acts as an advisor to the Dawei SEZ Management Committee. Based on the Memorandum of Intention between Thailand, Myanmar and Japan concluded on 4th July 2015, Japan expressed official interest to become shareholder in the Dawei SEZ Development Company Limited.

The Shareholders Agreement was signed on 14th December between

  • Mr. Newin Sinsiri, President of the Neighbouring Countries Economic Development Cooperation Agency (NEDA), Thailand’s international development aid agency under supervision by the Minister of Finance in charge of providing financial and academic support to, cooperating with, and strengthening economic cooperation with neighbouring countries
  • Mr. Tun Tun Naing, Director-General of the Foreign Economic Relations Department, a Department under Ministry of National Planning and Economic Development acting as the focal point for the mobilization of external resources and development assistance
  • Mr. Yosuke Watanabe, Deputy Director-General, Japan Bank for International Cooperation (JBIC), a Japanese public financial institution and export credit agency, owned and established by the Japanese government to promote economic cooperation between Japan and overseas countries by providing resources to foreign investments and by fostering international commerce.