Thailand and Myanmar want Japan to be a part in developing an industrial district and deep seaport in the Myanmar city of Dawei. This was the outcome of the meeting attended by both the countries. Thai Prime Minister Yingluck Shinawatra had hinted that it is important to invite a third-party such as Japan into the project to benefit the whole Asian region. Thailand and Myanmar signed a Memorandum of Understanding (MoU) in 2008. Another MoU was signed to boost the project at an estimated cost of around $80 billion. Both America and Thailand wants Dawei to be a major gateway to India, Europe and Africa and also an important waterway for Myanmar to gain access to Southern Asia and the Pacific region. The project may affect livelihood of some people due to construction for which various joint committees will be formed to study the situation and propose solutions such as relocation and livelihood training for the affected residents. The meeting between Yingluck and Myanmar President Thein Sein is the fourth meeting this year between the two leaders. The leaders are hoping that the project will be completed by 2015 to coincide with the anniversary of the formation of the ASEAN.