Poly(lactic acid-co-ethylene glycol) (PLLA/PEG) copolymers were synthesized and their properties were characterized. The PLLA/PEG/PLLA triblock copolymers were synthesized by ring-opening polymerization from l-lactide (LLA) and PEG macroinitiator. Stannous octoate, Sn(Oct)2 was used as a catalyst. Effects of molecular weight of PEG (600, 2000 and 4000), LLA/OH molar ratios (95:5, 98:2) and a sequence of addition of the reactants on properties of the copolymers were investigated. The triblock copolymers were subsequently used in a production of multiblock copolymers by reacting with a chain-extending agent, hexamethylene diisocyanate (HMDI). Chemical structure and molecular weight of the copolymers were characterized by 1H-NMR, FTIR and GPC. The results showed that molecular weight of triblock copolymers varied from 4,500 to 10,200. After chain extension, multiblock copolymer with molecular weight of 16,490 was produced. Thermal properties of the copolymers were also examined by DSC.