Thailand will propose a 2-billion-baht, 130-kilometre road linking Kanchanaburi to the deep-sea port of Tavoy in Burma at the Asean Summit to be held next month.

Funding for the four-land highway would be sought from the US$10-billion China-Asean investment co-operation fund set up by China in April to promote infrastructure that connects it to Asean nations, said Deputy Commerce Minister Alongkorn Ponlaboot. Construction would take about three years, he said.

China has been active in building roads to develop trade from its southern border through neighbouring Burma, Laos and Vietnam.

Read more: http://www.bangkokpost.com/business/economics/23521/thailand-to-propose-b2bn-road-to-tavoy

Source: Bangkok Post (www.bangkokpost.com)