CITIC Consortium Myanmar Port Investment Limited has signed an agreement with the selected consortium to conduct preliminary field investigation work for the Kyaukphyu Special Economic Zone (SEZ) Deep Sea Port Project in Myanmar.

The successful consortium is formed by CITIC Construction and CCCC FHDI, a subsidiary of China Communication Construction Company. It will conduct consultancy services and preliminary field investigation work in Rakhine State in western Myanmar, where the project is located. The Kyaukphyu SEZ project involves the development of a deep seaport facility as well as an industrial zone with facilities for textile and garment manufacturing, construction materials processing, food processing, pharmaceuticals, electronics, marine supplies and services, and research. The project will cover around 4,300 acres. 

China International Trust and Investment Corporation Group (CITIC) is the project’s main developer.