Adani Ports to set up container terminal in Myanmar worth $290 mn by 2021.

Adani Ports and Special Economic Zone will set up its first container terminal outside India in Myanmar at an estimated cost of $290 million (over Rs. 2,000 crore).

The company signed an agreement recently to develop and operate a container terminal at Yangon Port in Myanmar.

Construction for phase one of the project will commence next month and will be completed by June 2021. It is a two-phase project.

BS