Thai giants to ink Myanmar pact
Four massive Thai conglomerates — B.Grimm Group, Amata Corporation, PTT and Global Power Synergy — have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar.
A memorandum of understanding is expected to be signed by the beginning of next year, said B.Grimm chairman Harald Link.
Mr Link said B.Grimm’s role in the partnership is to operate a power plant in the industrial estate, which will feed power primarily to the estate, but also sell excess energy to the Myanmar government.
Bangkok Post Reporter
