Joint ventures are set to be created by Italian-Thai Development (ITD) for road management and other aspects of the Dawei industrial zone and deepsea port megaproject in Myanmar. Eight joint ventures will be formed to run roads, water, rail, industrial estates, power, telecommunications, a port, and to relocate residents of Dawei. ITD may only own a stake of 3%-5% in each investment company via Dawei Development, its affiliate.