Myanma Port Authority (MPA) is in negotiation with Japan to expand Thilawa Multipurpose International Terminal (TMIT), sources said.

The MPA built the TMIT using over US$200 million loan from official development assistance (ODA) from Japan and it was opened on June 1.

Myanmar built eight new wharfs in Yangon within three-year time and the cargo handling process is being carried out with 41 wharfs, according to the MPA.

Myanmar coast has 1,385 miles in length and nine ports are built along the coastal area. Yangon port is a major port and handling more than 90 per cent of international maritime trade.

The new eight wharfs are 200-meter long Green Asia wharf, Elite Petrochemical wharf, Wilmar International wharf, International Bulk Terminal Thilawa and 135-meter long Puma Energy Asia Sun wharf, two 400-meter long wharfs in Thilawa and 80-meter long Kyimyindaing International Port Terminal.

The project in Thilawa includes a steel jacket type main bridge, three smaller bridges, dockyard buildings, the purchase of two quay cranes, six RTGs, three reach stackers, six trailers and six chassis worth about US$200 million.