Thilawa is a deep sea port 25 kilometres from Yangon. This third facility provides two 133 metre jetties and 6 storage tanks. Two with 4 million gallons capacity and four with 2 million gallons capacity for ships of up to 20,000 tonnes.
The Thilawa area of Than Lyin Township is in the Thilawa Special Economic Zone and is owned by the Myanmar Port Authority MPA. These new services will be operated by Green Asia Services under build-operate-transfer BOT terms. Green Asia Services was created by the Directors of Asia World.
Facilities already exist in the port with Myanmar International Terminals MITT and Myanmar Integrated Ports Ltd MIPL. The jetties are designed to comply with the International Ship and Port Facility Security Code set out by the International Maritime Organization.
The MPA has leased 420 acres under other BOT schemes with 14 companies for development of fuel handling. Myanmar is well placed with access to the Indian Ocean coastline with a prime location in Southeast Asia leading to a natural development of port facilities.
There has been a sharp increase in demand for fuels that this additional facility will now help to address. The private sector has only been allowed to enter the fuel distribution business since 2012.