Provide China with direct access to the Indian Ocean, support the China–Myanmar Economic Corridor, and establish an international logistics hub linked to Yunnan.
Description
Construction of the first phase of the Kyaukphyu Deep Sea Port on Maday Island under the Kyaukphyu Special Economic Zone, including two deep-water berths and associated port infrastructure.
Finance
$1235000000 loan
Exim Bank of China
Development bank
Operators
Kyaukphyu SEZ Deep Seaport Co., Ltd.
Company
Contractors
China International Trust Investment Corporation (CITIC)