The Thai and Myanmar governments signed a memorandum of understanding (MOU) in May 2008 to develop the deep-sea port in Dawei and a connecting road link to Bangkok. Later, in July 2012, both governments signed another MOU on the Comprehensive Development of the Dawei Special Economic Zone and Its Related Project Areas in order to further enhance their cooperation of the Dawei project. Italian-Thai Development Public Company was granted a concession to develop the project from the Myanmar government.