WITH the loans provided by Japanese government, a new container terminal has been developed by the Myanma Port Authorities in the Thilawa Special Economic Zone to handle more large ships and meet growing demand.
Located 20 kilometers (12.4 miles) southeast of Yangon, the former capital and Myanmar’s largest city, the Thilawa SEZ is a large-scale joint project between Myanmar and Japan.
Thilawa is home to the country’s first special economic zone opened for business in the third quarter of 2015.
According to an official, U Thant Sin Maung, Union Minister for Transport and Communications, visited the Thilawa SEZ to inspect the progress of logistic infrastructure being constructed under the new container terminal project including the development strategy to build rail facility to operate container trains.
Thanks to economic reforms, investors from Southeast Asia, Asia and Western countries eye Myanmar as the last economic frontier in Asia.
Myint Maung Soe