History
The modern era of the Port of Yangon began in 1880 with the Commissioners for the Port of Rangoon. In 1954, the Board of Management for the Port of Rangoon was established, and then in 1972 the Burma Ports Corporation. The MPA was founded in 1989 to replace the Burma Ports Corporation. In March 2011, MPA began collaborating with a Chinese firm, CCCC TDC Tianjin Dredging, to begin dredging the Port of Yangon, to increase the size of vessels that can dock at the port (to 35,000 tons deadweight, up from the current capacity of 15,000).
MPA has been involved in contracts to develop Myanmar's Special Economic Zones, including a USD $8.6 billion deal to develop a deep sea port at Dawei, by Italian-Thai Development.
There have been reports that ports run by the MPA will be privatised. The country's largest port, Thilawa Port, is currently operated by a Hong Kong-based firm, while another in Ahlone Township is run by Asia World.
On 17 March 2012, Japanese firm MOL, began a twice-weekly container service between the Port of Yangon and Singapore.
Read more about this topic: Myanmar Port Authority
Famous quotes containing the word history:
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (18031882)
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (18891951)
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (18171862)