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 […]

China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

Split visions of Dawei’s future as Thailand, Myanmar restart special economic zone project

The governments of Thailand and Myanmar are set to restart the development of the Dawei deep-sea port and special economic zone, after both countries set up a joint coordinating committee to work out investment details of the project. In 2008, both countries signed a memorandum of understanding to develop a massive land area of 200 […]

B4.5bn Dawei development loan okayed

Plans for the Dawei special economic zone have inched ahead after the Myanmar government agreed to borrow 4.5 billion baht from Thailand to finance the construction of a 132-kilometre road from Dawei’s proposed deep-sea port to Ban Phu Nam Ron in Kanchanaburi. Transport Minister Arkhom Termpittayapaisith, who led a Thai delegation to meet Myanmar officials […]

Govt mulls B4.5bn loan for Myanmar

Thailand is considering granting a 4.5-billion-baht loan to Myanmar to fund an infrastructure development project including the planned construction of a 132-km long road to stretch from the Thai-Myanmar border in Kanchanaburi to the Dawei special economic zone in the neighbouring country. Transport Minister Arkhom Termpittayapaisith revealed this on Tuesday, saying the loan request was […]

Shipment of teak and tamalan seized at port

Despite the efforts of the timber trade and government to stamp out illegal practices and eventually negotiate a VPA with the EU a shipment of around 500 tons of illegal teak and padauk/tamalan were recently seized in Yangon Port. The smugglers had tried to avoid the export restrictions and many believe that for the shipment […]

Port to handle fuel oil to be established in Mandalay

Myanmar Energy Sector Development Public Company Limited will establish a port in Mandalay which meets international standards in loading and unloading of fuel oil. The project will be carried out near the confluence of the Ayeyawady and Dottawady rivers in Amarapura Township, Mandalay Region. The construction of the buildings will take about a year. The […]

12 Companies Bid to Develop Infrastructure in Kyaukphyu SEZ

YANGOON — Eleven foreign companies and one local company have expressed interest in developing infrastructure for the Kyaukphyu Special Economic Zone (SEZ) in Arakan State. Three of the companies will be awarded tenders, according to the tender selection board. “Currently, 12 companies have expressed interest. Some companies have merged with four or five other companies […]

Port trade surge forecast to accelerate: Myanmar Port Authority

The number of containers that pass through Yangon Ports annually has almost tripled over the past decade, according to the Myanmar Port Authority, which expects the rate to accelerate as more jetties are under construction or in the planning stages. In fiscal year 2003-2004, the ports handled 9.8 million tonnes of commodities. In FY 2012-2013 […]

Myanma Railways to Invite Tender to Build Dry Ports

Subscribe to our tender alert mailing list State-run Myanma Railways will invite local and international businesses in August for an open tender to construct dry ports for the development of the local logistics sector. The project is expected to be finished in the current 2014-15 fiscal year, which will ensure access to dry ports and […]