FROM last Thursday, customs clearance became available round the clock at all ports in Yangon, but it has come at a cost.
It was announced last week that customs clearance for outbound and inbound shipments would be available 24 hours at all ports in Myanmar, including Yangon Port that is run by Myanmar Port Authority, and all the other ports in Yangon – 2 Asia World ports, Myanmar Industrial Port, Myanmar Integrated Port Ltd, and Thilawa Port.
Previously, clearance was available from 9am to 6pm, leading to congestion.
According to Win Aung, president of the Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI), customs services in extra hours will be available with overtime fees set by the Customs Department.
The decision was reached after a meeting between the private sector and the Customs Department on May 25. Representatives of all port operators, UMFCCI, and Myanmar Container Trucks Association (MCTA) attended the meeting.
Source: Myanmar Eleven