Professional Documents
Culture Documents
Dr. Naruemon Thabchumpon, Dr. Carl Middleton and Mr. Zaw Aung
Master of Arts in International Development Studies Program, Faculty of Political Science, Chulalongkorn University Funded by International Cooperation and Human Security, Chula Unisearch, Chulalongkorn University (HS1069A)
Contents
SECTION I: A Brief Background of Changes in Myanmar in the Last Five Years SECTION II: Reforms in the Political Economy of Myanmar SECTION III: Thailands Trade and Investment Role in Myanmars Transitional Economy SECTION IV: Case Study: Dawei Deep Seaport and Special Economic Zone SECTION V: Benefits and Challenges Doing Business in a Transitional Political Economy
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SECTION I SECTION II
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SECTION III
Thai Foreign Direct Investment in Myanmar (Up to February, 2012) Country China Thailand Hong Kong No. of Companies 33 61 38 Total Sector Value (US $ Mil) 13947.146 9568.093 6308.495 39188.147 Value (US $ Mil) 18,873.720 13,815.375 2,749.463 39,958.787 % 35.6% 24.6% 16.1% 100% % 47% 35% 7% 100%
Thailand and China (including Hong Kong) shared more than 75% of all FDI in Myanmar. Extractive industrial sectors shared 89% of the total FDIs in Myanmar
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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
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SECTION IV
Two GMS economic corridors crossing Thailand will end in Myanmars Andaman coastline Dawei as Western Gateway to India Ocean for GMS & ASEAN to realize India Makong Economic Corridor Myanmar as Geo-economic Partner of Thailand for its trade with China, India, Africa and Middle East Thailand Key Interests in Myanmar: Natural Gas and Hydroelectricity Southern EC passing Tenesserim Region The two countries signed the 2nd MoU on DSEZ, Thai government may extent its commitment to the SEZ, which excluded in 2008 MoU.
Situation in Myanmar
September, 2007: Saffron Revolution May, 2008: Cyclone Nargis May, 2008: Constitutional Referendum November 7, 2010: The First Election in Myanmar in 20 Year January 27, 2011: The former military government enacted DSEZ Law two months before it dissolved itself. March 30, 2011: A new government took the state power August, 2011: The rapid political changes including the first meeting between President U Thein Sein and Daw Aung San Suu Kyi, December 15, 2011:DDA totally rejected coal-fired power plan construction in Dawei. January 7, 2012: Ministerial Meeting in Dawei including from ADB, Thai Banks: Siam Commercial, Krungthai and Bangkok Bank. July 4, 2012: The resignation of the Vice President U Tin Aung Myint Oo and Max Myanmar confirmed its withdrawal of the
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Lack of Socio-cultural Awareness Leading to Social Discontents New York Times:An Industrial project that could change Myanmar Dawei isalmost deserted wild and sparsely populated southern coast. Theres nothing in the country but wilderness and cheap labor. Some industries are not suitable to be located in Thailand. This is why they decided to set up there [Dawei].
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Community Development:
The Company will establish the activities which can strengthen the community for example the education support, human resource development, employment creation, and other development project.
Environmental Concern
The Company, therefore, shall set the environmental impact protection system comply with laws and regulation and participate in environmental activities with other part of society.
CSR Report:
The Company will disclose the information related to CSR activities of the Company in the annual report.
SECTION V
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CONCLUSION
The process of regionalization that has been taking place in the vicinity of Myanmar will suddenly collide with the country and its people as Myanmar opens up its borders to re-engage with the region. Under the present circumstances, Myanmar will not benefit from the Dawei project as much as it could if the government doesnt pay serious attention to the issues identified in this paper, and if a greater regard is not played to the importance of public participation and the role of civil society. As such, if the project is to proceed, whether it will benefit all or instead be the source of trans-boundary social and environmental injustice remains to be seen.