Join Us

OUR BUSINESS

HOME > OUR BUSINESS > Milestone
  • In December 2009, CITIC Group singed an MoU on Kyaukpyu Deep Sea Port project under the witness of then Chinese Vice President Xi Jinping.
  • In September 2014,the government of Myanmar invited public tenders from all over the world for the development of the KP SEZ. 
     
    In November 2014, CITIC Group formed two consortiums including internationally-renowned companies for the DSP and IP projects and submitted bids.
  • In December 2015, CITIC Consortiems were formally awarded both of KP DSP and IP projects.
  • On 10 April 2017, witnessed by the Chinese President and Myanmar President , CITIC Group signed the Exchange of Letters with KP SEZ Management Committee, whereby both sides agreed to make joint efforts to promote the early signing and implementation of the projects.

  • CITIC Group signed a framework agreement on the Kyauk Phyu SEZ Deep-Sea Port Project on Nov. 8th 2018.

  • Work teams of both sides have basically reached an agreement on the transaction documents of Kyauk Phyu SEZ Deep-Sea Port Project in April 2019.

  • On behalf of CITIC Consortium, CITIC Group held an exchange ceremony for the signed documents of Kyauk Phyu SEZ Deep Sea Port Project in Nay Pyi Taw, Myanmar in January 2020, a mark on the transition of the Kyaukphyu Project from conceptual stage to substantive planning and construction.