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Myanmar to form coast guard to strengthen maritime security

Myanmar is deliberating to form coast guard in order to strengthen maritime security, Deputy Minister of Defense Rear-Admiral Myint Nwe said. The navy is currently assuming the duties pertaining to coast guard as Myanmar does not have one yet, Myint Nwe told the session of the House of Representatives (Lower House) in the capital of […]

Myanmar to establish coast guard to boost maritime safety

Myanmar will soon establish a coast guard to protect its over 2000-kilometre-long coastline and territorial waters, news reports said. Minister of Transport and Communication U Thant Zin Maung was quoted by China’s Xinhua state news agency as saying that the new law enforcement body will also ensure the safety of sea routes, especially in areas […]

Offering high hopes of realizing full growth potential from upcoming Rakhine State Investment Fair

Rakhine State has naturally an inherent potential for growth. But it has lagged behind other Regions and States in terms of commerce and social development after Independence in 1948 which has been invested with several kinds of insurgency. Economic development plays an important role in overall developments in Rakhine State; it is an agriculture-based State. […]

$187M Road Planned on Myanmar’s West Coast for ‘Security’ and ‘Development’

A coastal road stretching 274 kilometers (170 miles) from Rakhine State’s Thandwe to Gaw Yin Gyi Island in Irrawaddy Region’s Ngapudaw Township will be built at a cost of around 300 billion kyats ($187 million), according to Irrawaddy Region Minister for Finance and Planning U Htay Win. At the instruction of President U Win Myint, […]

Deep-sea port needed for delta region to boost logistics

The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as part of EuroCham’s annual White Book. The publication highlighted the need for Myanmar to establish deep-sea ports in order for the country to realise its geographical advantage and become a logistics hub in Asia. Despite […]