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InfraV-SMP

Sector: Seaport • Location: Myanmar

Source: International Finance Corporation (IFC)

Project
Active

Semeikhon river port project, located at the east bank of Ayeyarwady River, Mandalay Region, is a co-development with Mandalay Myotha Industrial Development Public Co. Ltd. (MMID), to be executed in phases to allow for traffic build-up over time. In Phase 1, IFC InfraVentures is expected to contribute up to US$3.85 million towards development of the port, which consists of one floating berth, and

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The project “InfraV-SMP” is an infrastructure initiative in the Seaport sector, located in Myanmar. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Semeikhon river port project, located at the east bank of Ayeyarwady River, Mandalay Region, is a co-development with Mandalay Myotha Industrial Development Public Co. Ltd. (MMID), to be executed in phases to allow for traffic build-up over time. In Phase 1, IFC InfraVentures is expected to contribute up to US$3.85 million towards development of the port, which consists of one floating berth, and barges and cranes to handle 200,000 tons of general cargo, containers and roll on-roll off cargos. Upon its completion, the project will support Mandalay’s economic growth by facilitating trade in the region, as it would be the first of its kind, a modern inland water port to bolster Myanmar’s water transport sector. 

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Source

Source reliability

High

Data quality score

100%

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