Myanmar in talks with Russia to build deepsea port & oil refinery
PORTS & SHIPPING

Myanmar in talks with Russia to build deepsea port & oil refinery

The decision by Myanmar's ruling junta to choose Russia for the construction of a Dawei deep seaport on the country's east coast has angered China, which had also been considering building the port near the Thailand border.

It has been learned that the Myanmar junta is interested in having Russian investment in the port project, along with the establishment of a special economic zone that includes an oil refinery.

China had previously conducted a feasibility study of the Dawei port but decided to focus on building the Kyakphyu deep seaport, which is near the Sittwe port built by India. However, the junta's preference for Russia has displeased the Chinese, according to experts familiar with Myanmar affairs.

The proposed Dawei port, located in the Tanintharyi region on Myanmar's east coast along the Andaman Sea, serves as the gateway to the Greater Mekong Sub-region (GMS), comprising Cambodia, Laos, Thailand, Vietnam, and China. It could also potentially serve as a gateway port for Thailand's containerised trade, as Bangkok is approximately 300 kilometers away from Dawei, connected by a two-way concrete road.

It has been revealed that Myanmar and Russia are currently in discussions regarding the proposed port, as the junta aims to align itself more closely with Moscow to counterbalance Chinese influence in the resource-rich country. Discussions include plans to construct the Dawei port with a capacity of 10 million tonnes and an oil refinery capable of processing 100,000 barrels per day. However, Beijing is concerned that Russia's involvement in Myanmar's port sector will undermine Chinese projects in Kyaukphyu within the broader context of global trade in the region.

India may view Myanmar's growing alignment with Russia more favorably than its ties with China, as China has been utilizing Myanmar for accessing natural resources and expanding its presence in the Bay of Bengal region, where India has historically played a significant security role. Submarines previously provided by India to Myanmar have Russian origins. Additionally, in Sri Lanka, Indian and Russian companies have formed a joint venture to manage an airport near the Chinese-managed Hambantota port.

Earlier in March, it was reported that Myanmar's junta sought to decrease its reliance on Beijing and was looking to expand ties with Russia for military supplies and the development of infrastructure and energy projects.

Myanmar's Minister of Investment and Foreign Economic Relations, Dr Kan Zaw, recently visited Moscow to explore opportunities for port development, the establishment of a special economic zone, the construction of a petroleum refinery, a 660 MW thermal power plant, and a 330 MW nuclear power plant. Additionally, efforts were made to promote trade settlement in national currencies.

The decision by Myanmar's ruling junta to choose Russia for the construction of a Dawei deep seaport on the country's east coast has angered China, which had also been considering building the port near the Thailand border. It has been learned that the Myanmar junta is interested in having Russian investment in the port project, along with the establishment of a special economic zone that includes an oil refinery. China had previously conducted a feasibility study of the Dawei port but decided to focus on building the Kyakphyu deep seaport, which is near the Sittwe port built by India. However, the junta's preference for Russia has displeased the Chinese, according to experts familiar with Myanmar affairs. The proposed Dawei port, located in the Tanintharyi region on Myanmar's east coast along the Andaman Sea, serves as the gateway to the Greater Mekong Sub-region (GMS), comprising Cambodia, Laos, Thailand, Vietnam, and China. It could also potentially serve as a gateway port for Thailand's containerised trade, as Bangkok is approximately 300 kilometers away from Dawei, connected by a two-way concrete road. It has been revealed that Myanmar and Russia are currently in discussions regarding the proposed port, as the junta aims to align itself more closely with Moscow to counterbalance Chinese influence in the resource-rich country. Discussions include plans to construct the Dawei port with a capacity of 10 million tonnes and an oil refinery capable of processing 100,000 barrels per day. However, Beijing is concerned that Russia's involvement in Myanmar's port sector will undermine Chinese projects in Kyaukphyu within the broader context of global trade in the region. India may view Myanmar's growing alignment with Russia more favorably than its ties with China, as China has been utilizing Myanmar for accessing natural resources and expanding its presence in the Bay of Bengal region, where India has historically played a significant security role. Submarines previously provided by India to Myanmar have Russian origins. Additionally, in Sri Lanka, Indian and Russian companies have formed a joint venture to manage an airport near the Chinese-managed Hambantota port. Earlier in March, it was reported that Myanmar's junta sought to decrease its reliance on Beijing and was looking to expand ties with Russia for military supplies and the development of infrastructure and energy projects. Myanmar's Minister of Investment and Foreign Economic Relations, Dr Kan Zaw, recently visited Moscow to explore opportunities for port development, the establishment of a special economic zone, the construction of a petroleum refinery, a 660 MW thermal power plant, and a 330 MW nuclear power plant. Additionally, efforts were made to promote trade settlement in national currencies.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->