Former Prime Minister Thaksin Shinawatra visited Dawei in Myanmar on Thursday, reportedly to inspect the progress of the Dawei deep-sea port project.

The deep-sea port will be built on a 25-square kilometre site that includes the coastal area of Dawei beach, a forest and an old oil palm plantation.

A special purpose vehicle (SPV) in Thailand was set up earlier this month to handle all project management after Italian-Thai Development Plc (ITD) struggled for two years to get the project off the ground. All investments in Dawei will be transferred to the SPV, in which the Thai and Myanmar government would hold equal shares, expected to be 30% each.