Ital-Thai's Failed Myanmar Venture
Category:
Real estate, Posted:14 Dec 2013 | 06:00 am
The cloud hanging over the head of Thai group Ital-Thai's massive infrastructure development in Dawei Myanmar, which has been pulled, has created a challenge for the overseas investment sector.
While the project was announced to much fanfare, the mega project has been unable to obtain financing.
As Myanmar's economy continues to seek broad market reforms the lack of liquidity and a capital market has muted what had been hoped as a fast track to cash in on positive sentiment.
It's unclear what will become of Ital-Thai's existing concession agreement with the government.
SIGN UP FOR C9 INSIDER NEWS
Other News
Read more
The C9 Sessions: Phuket Property Pulse – Mid-Year Edition
Category: Hotels|Real estate, Posted:25 Mar 2025 | 08:24 am Here is an amazing opportunity to get up close and personal with one of Phuket’s most prominent luxury hospitality advocates. The session features a candid conversation with Dr. Allan Zeman, whose game-changing developments have created a global following. Join us for fast-paced, in-depth 90-minute learning session updating the Phuket property sector for mid-year 2025 and […]Read more
