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 […]

Yangon among Myanmar’s ‘industrial’ hubs

  YANGON – Yangon, Bago, Mandalay and Sagaing have been labelled potential “industrial hubs” by Myanmar’s Industry Ministry. These cities are highlighted thanks to their location, the ministry said. According to its report completed after a nationwide survey, the four cities possess transport facilities and relatively developed infrastructure. Industrial growth in the cities is also […]