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5 firms on inland port shortlist

(PHOTO: public domain)

Burma’s Ministry of Rail Transportation has selected a shortlist of five applicants to operate inland ports in Rangoon and Mandalay divisions, it announced on Saturday.

Those selected were: Hong Kong-based Kerry Logistics Network; and domestic firms Resources Group Logistics Co; KMA Shipping Co [formerly Kaung Myanmar Aung Shipping]; Malikha Shipping Co; and UMG Logistics Co.

The ministry said that two of the five would be chosen to undertake Burma’s first ever dry ports project, which is slated for Ywarthargyi in Rangoon Division and Myitnge in Mandalay Division.

The establishment of the two inland ports, which are 400 miles apart, is expected to help facilitate the speedy transportation of goods between upper and lower Burma.