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Yangon builds eight wharfs within three-year time

Authorities built eight new wharfs in Yangon within three-year time and the cargo handling process is being carried out with 41 wharfs, according to Myanma Port Authority (MPA). Myanmar coast has 1,385 miles in length and nine ports are built along the coastal area. Yangon port is a major port and handling more than 90 […]

Yangon Port handles over three million containers within three-year time

A total of eight new jetties, which can dock bulk carriers, are built within three-year time and more than three million containers are handled in that period, according to Myanma Port Authority (MPA). Yangon port, which is handling over 90 per cent of international maritime trade, has now possessed up to 41 jetties. Myanmar has […]

Korean investments could kick start long-delayed construction of Dala Bridge

An industrial zone to be developed by the Yangon regional government and Myanmar Wooree Co, a South Korean firm, at the west bank of the Yangon River could be the impetus needed for construction of the much-touted Dala Bridge to commence. Once the bridge, which will connect downtown Yangon to the western side of town, […]

Myanmar builds US$20.9 M worth offshore fixed pilot station

Myanmar is building a US$20.9 million worth offshore fixed pilot station, according to Myanma Port Authority (MPA). International bulk carriers enters Yangon port from the mouth of the sea 67 kilometers away from Yangon. Chief navigation officers from the MPA gave command and controlled the carriers to enter and exit the port safely. Currently the […]

Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Limited Links Sink Myanmar’s Potential

Despite its 2,000 kilometer-long coastline, reaching from Bangladesh to the west and Thailand to the east, Myanmar is home to only nine functioning ports, with the one in the commercial capital of Yangon spread across various sites and run by different owners. The ex-capital currently handles 95% of the country’s maritime trade. Annual port throughput […]

Myanmar to Receive Revenues from China-Myanmar Crude Oil Pipeline

Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U Htin Kyaw’s state visit to China. Now, imported crude […]

Yangon jetty plan under fire

The Lower House will discuss a proposal urging the government to suspend the construction of a jetty project on a 20-acre plot owned by the Myanma Port Authority (MPA). MP Tin Maung Win for Seikkan Township submitted that proposal, saying that round-the-clock container loading may shake Botataung Pagoda and would disrupt worship. “The President’s Office […]

‘Phuket of Myanmar’ seeks MIC approval

The US$1.2 billion LuxDream Island project is branded “the next Phuket” and will feature a high-end marina, luxury hotels, a theme park and a casino. The plan may seem incongruous with the serenity of Myanmar’s Myeik Archipelago. But the island dream looks set to become reality, as Singaporean Zochwell Group prepares to sign a Build, […]

Singapore Firm Finishes Yangon River Dredging Project

Singapore-based Starhigh Asia Pacific Pte Ltd has finished dredging the river near Yangon Port, a project that is expected to improve navigability for ships and reduce traffic congestion near the port. Starhigh partnered with the Myanmar Port Authority (MPA) to dredge the area near the port’s inner bar known as Monkey Point. The project kicked […]