Toyo Construction Co., Ltd. (President: Kyoji Takezawa) received an order from the Myanmar Port Authority (MPA) for “Thilawa Port Container Terminal Construction Works” in September 2015. The agreement signing ceremony for the order, which was received by a joint venture with JFE Engineering Corporation, was held in Myanmar on December 22, 2015. This project will be carried out with a yen loan provided by the Japanese government through the Japan International Cooperation Agency (JICA). The order is valued at approximately \13.8 billion, and the construction period is 915 days. This is Toyo Construction’s 2nd project in Myanmar, and will also be the Company’s largest scale project in that country.
Thilawa Port is an international port located about 25 km south of Yangon. Due to economic growth accompanying the progress of democratization in Myanmar, distribution of goods is also increasing rapidly, and it is no longer possible to cope with these logistical needs with the existing port facilities. In this project, a container terminal equipped with state-of-the-art functions will be constructed, enabling large-scale ships to use the port and making it possible to handle large material flows. Myanmar, which has attracted considerable attention as “Asia’s last frontier,” is striving to achieve higher efficiency in transportation, and this is expected to contribute to economic growth and strengthening of international competitiveness. Together with the adjoining Thiliwa Special Economic Zone (industrial complex), this project will play a key role in the development of the Thiliwa Area, which is being developed with the cooperation of the governments of Japan and Myanmar.
The main features of this project are the construction of a jacket-type pier with a total length of 400 m in water with a depth of 10 m, construction of a container yard with an area of approximately 18 hectares, including reclamation works and ground improvement works, and construction of connecting bridges and six buildings, which will include an administrative building. The jacket-type pier construction method, which makes it possible to shorten the construction period, has been adopted for this project, and Japan’s advanced civil engineering technologies will also be required. These include steel pipe pile construction, as pile-driving will involve a high degree of difficulty due to the high water current velocity and large tidal range conditions at the site, and banking/ground improvement construction methods, etc. which consider the extremely soft weak strata.
This order was received not only based on the price, but also a high evaluation of Toyo Construction’s technologies and record of other overseas projects. As Japan’s representative, Toyo Construction will carry out the project utilizing Japan’s advanced port and harbor construction technologies. In the future, Toyo will also participate in various other infrastructure improvement projects planned in Myanmar, and will transfer technologies developed by the Company over many years with the aim of contributing to the economic development of Myanmar.
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