Myanmar to Build Deepwater Port, SEZ in Yangon
Myanmar plans to develop a deep-sea port and special economic zone in Yangon, the country’s commercial capital.
Myanmar plans to develop a deep-sea port and special economic zone in Yangon, the country’s commercial capital.
The six countries of the Greater Mekong Subregion have agreed to extend the “early harvest” implementation of their Cross-Border Transport Facilitation Agreement (CBTA) for 2 years.
A new bridge now links the border towns of Myawaddy in Myanmar and Mae Sot in Thailand.
Japan and the five Southeast Asian countries of the Greater Mekong Subregion adopted the Tokyo Strategy 2018 at the 10th Mekong-Japan Summit Meeting in Tokyo on 9 October.
Foreign ministers from Japan and five Mekong nations this month identified areas of cooperation under a new strategy and reviewed the progress of joint projects in the East-West Economic Corridor and Southern Economic Corridor.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.