MoU signed in Rakhine for mega projects
Source: elevenmyanmar, November 1st 2017
The entrepreneurs held a discussion about socio-economic development projects in Rakhine State on October 29, and they exchanged views about the future prosperity of Kanyinchaung economic zone. Kyaw Win, Union Minister of Planning and Finance, also attended the discussion. The Kanyinchaung economic zone is situated about 2 miles from Kanyinchaung deep sea port in the northern part of Maungdaw Township. The port was constructed under the previous government, with investment of K1 billion in cooperation with the Rakhine State Government Committee and private companies. Kanyinchaung jetty can dock over 400 tonnes of vessels any time.