Korean company conducts survey to build a dry port in Monywa

A Korean company is conducting a survey to build a dry port in Monywa, Sagaing Region to transport containers using railroad, according to Ministry of Transportation and Communications.

At the present, the ministry is built a dry port each in Ywarthagyi in Yangon Region and Myitnge in Mandalay Region and seven places are proposed to build dry ports, said an official from Myanma Railways (MR).

Seven places proposed to build dry ports are Yangon, Mandalay, Tamu, Muse, Mawlamyaing, Bago and Monywa.

The places where dry ports are planned to be built are intended to become cities for regions and states, to locate close to Asia Railroad and expressway, to produce goods and to place next to industrial zones.

The ministry opened two dry ports in Yangon on November 11 2018: Ywarthagyi dry port built by Resources Group Logistics Co. Ltd. and Yangon dry port built by KM terminal & logistics limited.

Resources Group Logistics Co. Ltd. spent US$24.26 million for Ywarthagyi dry port and US$24.75 million for Myitnge dry port. The MR will run cargo trains to transport containers between two dry ports.

If the first phase of the dry ports picks up pace, the construction work for second phase of the dry ports will be follow.

The dry ports are intended to ease traffic jam between ports in Yangon and Thilawa SEZ and to reduce transportation cost. They are implemented under build, operate and transfer system.

Source: Eleven Myanmar

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