Port Development in Myanmar, Covering the Information About Key Players in the Sectors, Main Investors, Events, National and Regional News
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PORT DEVELOPMENT Snapshot February 2019 Port Development in Myanmar Background Myanmar has given great emphasis to the transport sector development to meet the international standards in order to support the economic and social development of the state. In Myanmar, maritime transportation plays vital role for country’s economy, serving more than 85% of the country’s export and exports. Myanmar has 2,228 km long coast and can be divided into three sections: North-West Rakhine Coast (713 km), Yangon area Delta Coast (437 km) and South Thanintharyi Coast (1078 km). The coastal ports in these zones are mostly river ports, which are not suitable for larger seagoing vessels. In line with the economic development policy of the country, central government is ambitiously planning to develop deep sea commercial ports. Currently the largest existing port complex can be found in Yangon. Port developments have been carrying out in Myanmar by inviting local and foreign investment. This report aims to present the overview of what is recently happening in port development in Myanmar, covering the information about key players in the sectors, main investors, events, national and regional news. CONTACT: [email protected] [email protected] PORT DEVELOPMENT Snapshot February 2019 Key Players Ministry of Transport Myanma Port Authority Inland Water Transport Depart of Marine Directorate of Water and Communications (MPA) (IWT) Administration Resources and (MoTC) (DMA) Improvement of River Systems (DWIR) Myanmar Engineering Myanmar Engineering Myanmar Maritime Council (MEC) Society (MES) University (MMU) Important Dates/Events 2019: Q1 Q2 Q3 Q4 • Seminar for the exchange of information in port development (14-15 February) • Port of the Future Serious Game – Prof. T. Vellinga • G7 Logistics Networks Conference This blog is subjected to update. Your contribution is very welcome to share among professionals. CONTACT: [email protected] [email protected] PORT DEVELOPMENT Snapshot February 2019 Yangon Region Port Development Dutch Consortium Signs 3-Year Construction of new multi- Agreement to Support the Yangon purpose port in Yangon Region with Urban Water and Water Logistics Challenges proposed in parliament Coastal port agency computerizes Once Yangon-Dala Bridge is Thilawa builds $65m bulk terminal system completed, economy flow will to diversify port services remain undamaged. Rakhine Region Kyauk Phyu Port China, Myanmar sign port deal after MoU signed in Rakhine for mega Development years of negotiations projects India, Myanmar sign pact on China to hold 70% stake in Kyaukphyu authorises Environment Rakhine port projects Myanmar's planned strategic and Social Impact seaport Assessment(EISA) but Rakhine ommittee demands strategic review CONTACT: [email protected] [email protected] PORT DEVELOPMENT Snapshot February 2019 Thaninthayi Region Port Development Dawei SEZ to be developed in full Dawei Special Economic Zone Mandalay & Ayeyarwaddy Region Port New dry port expected to cut Mandalay port development project Development transport costs in Mandalay to take off early next year Mandalay Port to modernise with Pristine Ayeyarwady coastline More foreign investments expected grant flagged for new $10bn industrial in Ayeyarwady zone Myanmar Maritime Sector Reports Myanmar Maritime Quick scan Myanmar Transport Sector Policy Note - River Transport (2016) We have more than 50 articles related to port development in Myanmar. We intend to improve this report constantly in order to provide extensive information about the industry. Please contact us if you have an interest to discuss more detail. CONTACT: [email protected] [email protected] .