MoTC Union Minister inspects loading of rice at Sule port, warehouses, commissioned vessels

Member of State Administration Council Deputy Prime Minister Union Minister for Transport and Communications General Mya Tun Oo inspected MV VTC Phoenix, which will transport 18,000 tonnes of rice to Indonesia at Sule No 7 wharf and loading rice and rice products on vessels at Sule port No 2 and No 5 for export purpose to Spain and Poland.
Exporting rice, pulses, corn, and other agricultural produce to Europe, Africa, and Asia helps earn foreign currency for the country. According to the official data, 1,081,388 tonnes of rice, 1,135,816 tonnes of pulses and 525,566 tonnes of corn were exported during the 2023-2024 financial year. He also inspected functions of warehouses at Sule wharves.
The General addressed the ceremony to commission eight vessels at Myanma Port Authority yesterday.
In his remark, the General emphasized Myanmar’s strategic position as a maritime state with a coastline of 1,260 nautical miles. He stressed the pivotal role of maritime trade in global development, citing statistics from the United Nations Conference on Trade and Development’s Review of Maritime Transport, indicating that 70 per cent of the international trade value and 80 per cent of trade volume traverse the seas.
The General said that Myanmar also traded US$34 billion worth of goods in the financial year 2022-23, and 75 per cent of them were done through shipping.
The Ministry of Transport and Communications spent $20.6 million on a 60-metre multipurpose buoy handling vessel, two pairs of dredgers, and three harbour launches to provide better port industry and navigation services. Subsequently, the managing director of Myanma Port Authority reported to the General on the operations of the Theinbyu, Arntgyi, and Satsan dockyards and monetization progress.
In the afternoon, the General inspected the status of Dala Dorkyard and berths and the maintenance of ships. — MNA/TRKM/NT