Adani Gets Nod to Develop New Container Terminal in Yangon

ContainersSource: Pxhere under Creative Commons CC0

Adani Yangon International Terminal has received an approval from Myanmar to develop a new container terminal in Ahlon, Yangon.

The company was granted the green light on April 26 to develop, operate and maintain the Ahlon International Port Terminal (2) under a 50-year build, operate and transfer deal with the government, according to Myanmar’s Directorate of Investment and Company Administration (DICA).

AIPT (2) would be developed across 50 acres of land owned by Myanmar Economic Corporation, the operator of AIPT (1), local media cited DICA.

The construction of the new terminal is expected to start in September 2019 under a USD 290 million deal. The terminal would be built in two phases, with a goal of handling up to 150,000 TEU following the completion of the first phase, and a maximum of 800,000 TEU once the second phase is finalized. The phases are expected to be completed in 12 and 6 months, respectively, following the launch of construction works.

The approval comes ahead of the expected increase in trade volumes in the region in the coming years.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>


<< Jul 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >