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Myanmar casts its net for a global terminal operator as port expands

Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder. One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP) handles 400,000 teu a year – about 40% of the country’s container throughput. According to chief financial officer Chris O’Connor, MIP is reviewing bids from […]

Ayuroma International Helps Myanmar Industrial Port Land $200 M in Funding

Last week, Ayuroma successfully helped, operating as Myanmar Industrial Port (MIP), secure the first tranche of IFC debt, which is expected to be $200 million in total. For the past two years, Ayuroma has been responsible for MIP’s corporate development, which allowed MIP to be in a position to secure international capital. One of the […]