Developer of Myanmar's Dawei megaproject seeks funding

BANGKOK, Jan 23 (Reuters) The clay model of Myanmar's ambitious Dawei deepsea port and special economic zone sprawls across a long table on the 43rd floor of the headquarters of ItalianThai Development Pcl. Glossy posters hail it as the "new global gateway of IndoChina".

But moving ahead with the first phase of the project is proving slow, despite the dramatic reforms sweeping Myanmar and the gradual lifting in Western sanctions as the former British colony emerges from half a century of isolation a prospect underlined on Monday by plans by the European Union to ease some punitive measures.