Thai govt to grant loans to develop transnational road network

Regional integration between the CMLVT countries (Cambodia, Myanmar, Laos, Vietnam and Thailand) through infrastructure development has been high on the agendas of the respective regional governments and a new grant from Thailand will help develop it further.

The Bangkok Post announced last week that the Thailand government will grant 8.5 billion Baht (over USD 280 million) to its neighbors Myanmar, Laos and Cambodia to build four new transnational roads under the ASEAN Connectivity Initiative.

In Myanmar specifically, a 138-kilometre road, worth 4 billion baht (close to USD 133 million), will be built to link the Dawei special economic zone with tambon Namphu Ron in Kanchanaburi.

Kanchanaburi is an important gateway to Myanmar and the Thai government is currently building a new 96-km motorway connecting Nonthaburi’s Bang Yai district to this western province.

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