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Friday, May 3, 2024

ITD seeks state help over Dawei issue

ITD received a notice of termination for seven concession agreements from the Dawei Special Economic Zone Management Committee.

SET-listed Italian-Thai Development Plc (ITD) submitted a request for government help on Friday to Prime Minister Prayut Chan-o-cha after the Dawei Special Economic Zone Management Committee (DSEZ MC) sent a notice of termination for seven concession agreements at Dawei special economic zone (DSEZ) to five project companies in which ITD has partial ownership.

Speaking after meeting with the prime minister, Deputy Prime Minister Supattanapong Punmeechaow, chairman of the Thai-Myanmar Joint High-Level Committee (JHC) for the DSEZ, said he told Gen Prayut about possible procedures for the government. He is awaiting a response from the Finance Ministry and related agencies in…

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