Thailand and Burma

22 02 2013

Readers of PPT from way back will recall that we sometimes posted on the “let’s-move-our-pollution” Dawei investment project by well-connected and royal-linked Thai industrial developers congregated around Italian-Thai and its boss Premchai Karnasuta. A recent post with back links was here.

Those following this story will find a recent report at The Irrawaddy of interest. It says, amongst other things:

The Burmese government had clearly gone cold on Dawei—which is closer to Bangkok than Rangoon by 300 km—when it refused to approve a huge 4,000 megawatt coal-fueled electricity generating plant at the site for ITD back in February 2012.

By then, Chinese government money was already building an oil transhipment terminal on the central coast at Kyaukphyu, another sleepy Burmese seaside town where gas from the Shwe field out in the Bay of Bengal will also come ashore….

“The fundamental problem with the Dawei project is that its main beneficiary is always going to be Bangkok,” regional energy industries analyst-consultant Collin Reynolds told The Irrawaddy on Feb. 19. “The Thais want it primarily as a crude oil transhipment point much the same as the Chinese are achieving with their Kyaukphyu set up.

“Thailand also sees Dawei as a place where it could expand its petrochemicals industry, which is stymied on the edge of Bangkok because of environmental and health concerns.



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