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17) INDUSTRIES

Dredging for Yangon River Channel Improvement Project

For Yangon River Channel Improvement, maintenance dredging works is required in order to provide and ensure navigation safety at Yangon port areas which have been subjected to siltation. The critical area which requires immediate maintenance dredging is at the Outer Bar Channel and the Inner Bar Channel area located close to Monkey Point Channel and other related Channel which is within the entrance to the Yangon Port Channel.

Omnitech Company Limited Industries submitted Expression of Interest on October 12, 2016. Our Expression of Interest was approved and submitted Proposal for Dredging of Yangon River Channel Improvement Project in January 2017 along with the Myanmar Port Authority's request for proposal.