Myanmar to build deep-sea port in western state

Myanmar to build deep-sea port in western state
Xinhua – Beijing,China

YANGON, Dec. 14 (Xinhuanet) — Myanmar has planned to build a deep-sea port in Kyaukphyu in western Rakhine state to develop trade and economy in the region, state-run press reported Tuesday.

As part of the country’s infrastructural construction, the Kyaukphyu deep-sea port will be built with offshore and deep-sea fishing industry to be established in addition to sea lobster farming, the New Light of Myanmar said, quoting member of the State Peace and Development Council Lieutenant-General Khin Maung Than, who toured the region recently.

Kyaukphyu is an area where exists oil and gas resource potential also. According to earlier official report, one of the onshore blocks in the region is under oil and gas exploration activities by a consortium comprising two Chinese and one Singaporean companies under contract with Myanmar.

READ MORE >>

%d bloggers like this: