The Directorate of Water Resources and Improvement of River Systems (DWIR) and Japan International Cooperation Agency (JICA) signed an agreement to provide grant aid of up to 6.034 billion yen for Mandalay port development project.
Signing ceremony of Grant Agreement for Japan-funded Mandalay Port Development Project was held at DWIR office in Yangon yesterday.
Officials from the DWIR and JICA Myanmar office were present at the signing event and officials concerned signed the grant agreement.
“We will implement this project in line with JICA’s guidelines and the procedures of the Environmental Conservation Department. This port plays a vital role in development of Mandalay Region. I would like to express appreciation towards the development donor JICA”, said U Tun Lwin Oo, director-general of the DWIR. Feasibility studies were carried out between August 2013 and February 2014 near Mandalay Gawain jetty and Shwehlanbo monastery. The port location was confirmed near Shwehlanbo monastery.
To implement this project, compensation for land owners in the project area will be paid out within two weeks.
The project includes facilities equipment procurement pier, such as container yard, cargo handling equipment and recreat area.
Myint Maung Soe