Burma's government has announced feasibility studies for the construction of a deep-sea port in the southern coastal town of Dawei in Tanintharyi.
Sources within Burma's Ministry of Transport have said they want to develop a deep-sea ports to promote maritime trade with neighbouring countries.
The latest feasibility studies follow recent announcements of a plan to build a deep-sea port on Maday Island in Kyaukphyu off the western coastal state of Rakhine.
Industry analysts say Burmese ports could become significant transit hubs as cargo shipments from the Middle East, Africa and Europe could be unloaded there for land access to China, Thailand, Vietnam and Laos.
Meanwhile, reports say that privately-held Asia World, which recently carried out feasibility studies at the site, will be undertaking construction for the Maday Island project.
Burmese officials want the port to serve as a hub for shipments to and from Chittagong in Bangladesh, Calcutta in India and the Burmese port of Rangoon.
Kyaukphyu is on a proposed land route between China's land-locked Yunnan province and the Burmese coast.
Analysts say that Burma stands to benefit economically, especially with regards to transit trade with China, when the 1,943 kilometre (km) Kunming-Kyaukphyu-Sittwe highway becomes operational. Kyaukphyu is also said to have large untapped reserves of oil and gas.
Sources within Burma's Ministry of Transport have said they want to develop a deep-sea ports to promote maritime trade with neighbouring countries.
The latest feasibility studies follow recent announcements of a plan to build a deep-sea port on Maday Island in Kyaukphyu off the western coastal state of Rakhine.
Industry analysts say Burmese ports could become significant transit hubs as cargo shipments from the Middle East, Africa and Europe could be unloaded there for land access to China, Thailand, Vietnam and Laos.
Meanwhile, reports say that privately-held Asia World, which recently carried out feasibility studies at the site, will be undertaking construction for the Maday Island project.
Burmese officials want the port to serve as a hub for shipments to and from Chittagong in Bangladesh, Calcutta in India and the Burmese port of Rangoon.
Kyaukphyu is on a proposed land route between China's land-locked Yunnan province and the Burmese coast.
Analysts say that Burma stands to benefit economically, especially with regards to transit trade with China, when the 1,943 kilometre (km) Kunming-Kyaukphyu-Sittwe highway becomes operational. Kyaukphyu is also said to have large untapped reserves of oil and gas.