Myanmar strives for development of Yangon port

13:36, August 11, 2010      

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Myanmar is striving for the development of Yangon Port, stepping up administration on freight handling at jetties of the port to ensure swift commodity flow and full operation of the handling.

There are some five port terminals at the Yangon Port, namely Bo Aung Kyaw, Botataung, Pansodan, Nanthida and Sule.

Of them, the state's handling business of the Bo Aung Kyaw port terminal, has been privatized to the private-run Myanmar Economic Holdings Ltd. recently.

Checking of export and import items, systematic storage of goods in warehouse, checking of containers through X-ray machine, loading and unloading of containers at Bo Aung Kyaw Jetty as well as Sule Jetty were reportedly examined by Minister of Transport U Thein Swe on Tuesday, who is also Chairman of the Committee for Ensuring Swift and Full Operation of Freight Handling.

The four other port terminals, operated by the government's Transport Ministry, are yet to be handed over to private entrepreneurs under the privatization plan.

Aimed at enabling full capacity of handling of import and export goods to keep up with the growth of foreign trade yearly, these port terminals are being privatized under a build, operate, transfer contract system.

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