ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Myanmar container yard backed by Japan nears opening

New logistics hub near Yangon will handle rising volumes in country

The container terminal, whose completion was celebrated Dec. 14, will serve soaring shipping volumes in Myanmar. (Photo by Yuichi Nitta)

YANGON -- A container terminal built just outside of Myanmar's largest city with aid from Japan is slated to open as early as March, after its completion was celebrated Friday.

Japanese logistics company Kamigumi will operate the 25.7 billion yen ($227 million) facility near Yangon owned by Myanma Port Authority, a state agency. Yen loans offered as development aid from Japan funded 90% of the project.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more