Yangon jetties open with more in the works

Three new jetties have been completed in Yangon harbour so far in 2015, along a slew of more projects planned.

The three, built by Myanma Industrial Port, Myat Myitta Mon and Annawa, were finished, while 10 more are under construction, said Myanma Port Authority chief engineer U Mya Than.

The other 10 are being built by army-owned Myanma Economic Corporation, Myanma Port Authority, and private companies including Asia World, Shwe Nar Wha, Shwe Taung Max Myanmar.

Myanma Port Authority alone is working on 5 jetties facilitated by a 30-year low-interest loan from Japan International Cooperation Agency, said U Mya Than.

He added the interest rate is 0.01 percent.

A number of other jetties are also being built on plots at Thilawa Port, southeast of Yangon. A total of 20 companies are participating in the build, he said.

Thilawa is closer to the Andaman Sea along the Yangon River and so better-able to land large international container ships and oil tankers.

Source: Myanmar Times

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here