Atlas Corridor
Component

Kyaukphyu Deep Sea Port

port

Cities

Kyaukphyu
Myanmar

Cost

$1.3b
$1,300,000,000

Phases

planned,

Objective

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

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$1235000000 loan
Exim Bank of China Development bank

Operators

Kyaukphyu SEZ Deep Seaport Co., Ltd.
Company

Contractors

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China International Trust Investment Corporation (CITIC)
Company
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China Harbour Engineering Company
Company