DPM MoTC Union Minister inspects Yangon-Mandalay railway upgrade project, installation of road signs on Nay Pyi Taw-Yangon expressway

State Administration Council Member Deputy Prime Minister Union Minister for Transport and Communications Admiral Tin Aung San inspected the Yangon-Toungoo railway section of the Yangon-Mandalay railway upgrade project and installation of road signs on Nay Pyi Taw-Toungoo expressway and Bago-Yangon Union Highway sections yesterday.
During the inspection tour on the installation of road signs, directions and signals along the highway, the chief engineer reported on the installation processes along the highway and at Milepost 167 for the road safety of the public as per the rules and instructions.
At the briefing hall of Bago-Nyaunglebin (CP-102) of Yangon-Toungoo railway upgrade project phase 1 in Pyuntazays of Nyaunglebin Township, the Managing Director of Myanma Railways and respective engineers explained the progresses in Yangon-Toungoo railway section of Yangon-Mandalay railway upgrade project phase 1 and coordination to complete the operations within the fixed period.
Then, the Deputy Prime Minister stressed the need to cooperate with the departmental officials, project advisory board and contractors to accelerate the work processes as the accurate design, quality construction materials and skills of labours are the key role and implement the prioritized plans to develop the railway transportation sectors. He also gave foodstuffs and fruits to the project officials.
He also inspected the 380 feet long Yenwe Creek Bridge (No 116-B) between DaikU and Einchaylayse railway stations and Level Crossing No 51 on the DaikU-Sittoung road section and provided foodstuffs to the labourers at work sites.
On arrival at the briefing hall of the junction of Yangon-Mandalay highway and Bago inner road in Bago, the director of the Bago Region Highways Department reported on the installation of road signs and signals in the region to ensure road safety for the public. Then, the Deputy Prime Minister offers instructions.
The Admiral and party proceeded to the Dry Port of Myanma Railways in Ywathagyi of Dagon Myothit (East) Township in Yangon Region and inspected the Ywathagyi Dry Port.

Source: The Global New Light of Myanmar

RTAD registers above 3,200 battery electric vehicles

More than 3,200 EVs have been registered at the Road Transport Administration Department, according to the RTAD.
As of last June, 467 battery electric vehicles (BEVs) were registered across various categories in state, region and district offices, including two light cargo vehicles, 2,474 two-wheelers, and 263 three-wheelers. In order to develop the EV sector, the government established the National Working Committee on the Development of Electric Vehicles and Related Industries last June.
Between last year and June 2023, passenger vehicle groups registered in the department’s district offices within states and regions include sedans, station wagons, microbuses with a capacity of over 15 passengers, and light vans, jeeps and double-cab vehicles. Pick-up trucks are categorized as light cargo vehicles, including single-cab stand-up vans with a carrying capacity of three tonnes or less, as well as trucks.
Imports of EV chargers, along with various types of electric vehicles imported into the country, have been exempted from Customs duties. 

Source: The Global New Light of Myanmar

MPA has to provide necessary assistance for port investors

THE private sector is of great importance in implementing the port sector through Public-Private Partnership system because of the ever-increasing need for technology and skilled workers, said Member of State Administration Council Deputy Prime Minister Union Minister for Transport and Communications Admiral Tin Aung San inspecting international jetties at Myanmar International Terminals Thilawa (MITT) and the Rail Bus Engine-RBE locomotive sheds in the compound of Yangon Railway Station yesterday morning.

The Union Minister inspected jetties of the MITT in Thanlyin Township, freight handling jetty and fuel storage tanks of Regency SPC Company, International Bulk Terminal Thilawa (IBTT) Company’s crop jetty, Padauk Shwe Wah Company Limited’s fuel jetty and Wilmar Myanmar Port Terminal (Thilawa) Ltd’s crop jetties and viewed loading and unloading of goods.

Afterwards, the Union Minister heard reports on port service entrepreneurs at Wilmar Myanmar Port Terminal (Thilawa) Ltd.

Officials presented the placement of jetties in 37 plots of land in the Thilawa port area with local and foreign investment to carry out port services, operations of nine container and general cargo jetties, eight fuel and LNG jetties, and two crop jetties, totalling 19 and progress of 18 jetties under construction, and difficulties in work process.

In his speech, the Union Minister said that Myanma Port Authority has to provide necessary assistance for port investors and supervise port services under the law. He highlighted that the private sector is of great importance in implementing the port sector through Public-Private Partnership system because of the ever-increasing need for technology and skilled workers.

After that, the Union Minister arrived at the Rail Bus Engine-RBE locomotive shed in the vicinity of Yangon Railway Station and inspected the condition of repair and completion of repairing carriages of West Corporation.

Source: The Global New Light of Myanmar

Strong foreign demand makes butter bean market bustling

The price of butter beans jumped on the back of strong foreign demand in recent days, Mandalay bean traders said.
The Upper Myanmar region is the largest supplier of butter beans. Last year, the price was K180,000-K200,000 per three-basket bag of butter beans, whereas it significantly soared to K300,000-K320,000 per bag depending on the different sizes, according to Soe Win Myint depot. “The butter bean fetches a good price in recent days. The farmers store only seeds for cultivation and the traders are keeping the butter bean stocks in their hands. In addition to foreign demand, there is a high consumption of butter beans locally. They are yearly shipped to China, India, Japan and Europe. Lately, they are mostly purchased by China and India.

The Japanese and European market prefers large sizes of butter beans. It is a winter crop. The demand has grown year over year,” Soe Win Myint elaborated. The butter beans are primarily grown in the central regions of Myanmar, mostly found in Minbu, Sinphyu and Salin in Magway Region, Mahlaing, Taungtha and Natogyi in Mandalay and Gangaw, Kalay, Kalewa, Shwebo and Kabaw Valley areas in Sagaing Region. 

Source: The Global New Light of Myanmar

Exports from manufacturing sector bag US$1.7 bln as of 6 June

The export value from the manufacturing sector totalled over US$1.74 billion as of 6 June in the financial year 2023-2024 beginning 1 April, the Ministry of Commerce’s statistics showed.
Garment export is the key driver in the manufacturing sector, followed by sugar, jewellery and natural gas, as per the Ministry of Commerce. Exports by the private sector were estimated at $1.064 billion while exports worth 676.349 million were performed by the public sector.
The value of manufacturing exports over the past three months in this FY declined from $2.153 billion recorded in the corresponding period last year.
Garment export is ranked first among the top ten export items including natural gas and minerals Myanmar exports agricultural products, livestock products, fisheries, minerals, forest products, finished industrial goods and other goods. Of them, the manufacturing sector pocked the highest foreign income. 

Source: The Global New Light of Myanmar