YANGON (Xinhua): A feasibility study on Myanmar's Wan Pong Port improvement project, which was implemented under the Lancang-Mekong Cooperation (LMC) Special Fund, was successfully completed, the Chinese embassy in Myanmar said in a statement on Tuesday (June 7).
The embassy said that the feasibility study has included Environmental and Social Impact Assessment, cost estimation, drawing designs and operations training programs, which are fundamental to properly implementing the port improvement project.
The project will modernise the facilities at Wan Pong Port for handling shipping containers, it said, adding that it thus would help increase the trade in cargo between Myanmar and other Greater Mekong Subregion (GMS) countries.
Myanmar will be extensively involved in GMS trade, and will effectively use the Mekong River transport route to boost the countries' economic development, the embassy said.
The GMS countries are China, Cambodia, Myanmar, Laos, Thailand and Vietnam.