The Thai-based company developing a deep-water port and industrial estate in the Burmese city of Dawei is welcoming coldstorage investment in the complex.
Tadchan Tattiyakul, the project coordinator for the Dawei Development Company, which is overseeing construction of the port and industrial estate, told Asiafruit recently coldstorage facilities would be a ‘perfect fit’ for the industrial estate and investment in these services was welcomed.
She added investment in the facility would benefit from the Dawei Special Economic Zone (DSEZ) investment promotion scheme, tax incentives and other privileges under DSEZ laws.
The port, which is expected to be operational in 2016, will be able to handle up to 250m tonnes per year, she said.
It is is intended to become a regional hub with roads connecting it with China, Thailand, Cambodia and Laos.
Shipping times to India, the Middle East, Europe and Africa from these countries via the port are expected to be faster than traditional routes via Singapore.
For more on this development see the July/August edition ofAsiafruit.
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