33.1 C
Bangkok
Wednesday, May 15, 2024

Prayut set on repairing cancelled Dawei contract

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

Thailand remains committed to the Dawei development project, despite a recent setback on SET-listed Italian Thai Development’s (ITD) concession termination, says Prime Minister Prayut Chan-o-cha.

On Friday, ITD submitted a request for the government’s help to the prime minister after the Dawei Special Economic Zone Management Committee (DSEZ MC) sent a notice of termination for seven concession agreements at the Dawei special economic zone (DSEZ) to five project companies, in which ITD had partial ownership.

Gen Prayut said he has already authorised Deputy prime minister Supattanapong Punmeechaow, who is chairman of the Thai-Myanmar Joint High-Level Committee…

Read more…

Latest Articles