Showing posts with label Myanmar port to be built on US$200m Japan loan. Show all posts
Showing posts with label Myanmar port to be built on US$200m Japan loan. Show all posts

Friday, 3 May 2013

Myanmar port to be built on US$200m Japan loan


A port construction project in Thilawa Special Economic Zone (SEZ) will start next year using US$205 million low-interest, long term loan from Japan's Official Development Assistance (ODA), according to Myanma Port Authority (MPA). Japan, who has keen interest in the economic and political reforms in Myanmar, has earlier agreed to offer financial assistance for developing infrastructures at Thilawa SEZ in Yangon, the commercial hub of Myanmar. ODA's loan will be used in construction of the port's first phase, which will be located on the land plot 25 and 26 of Thilawa



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