Press Releases

On July 2, the Japan International Cooperation Agency (JICA) signed a grant agreement with the Government of the Republic of the Union of Myanmar inYangon, to provide grant aid of up to 1,399 million yen for the Project for Rehabilitation of Vessel Traffic Navigation Aids in Yangon River.

The annual cargo volume handled by the Yangon Port has been increasing with the economic growth of the country. With the recent development of the Thilawa SEZ and its surrounding infrastructure, the Yangon Port is expected to play a more important role as the logistic hub. However, there is a high risk during access to the Yangon Port from the estuary of Yangon Port due to the difficult natural conditions of narrow width and a strong tide in the channel, as well as the undeveloped navigation system. Therefore, collisions and the accidental stranding of ships often occur. Moreover, as there is no 24-hour navigation, access to the Yangon Port is limited to daytime only.

The objective of the Project is to improve safety of navigation through rehabilitation of vessel traffic navigation aids in the Yangon River, thereby contributing to promote efficient logistics linking domestics and overseas in Myanmar. This project will contribute to the achievement of SDGs Goal 8, 9.

Details for the project are provided below.