Transport and Logistics : Myanmar Infrastructure Monitoring
Transport and logistics services in Myanmar have been substantially hit by the impacts of the February 2021 coup and the surge in Coronavirus disease 2019 (COVID-19) cases. Logistics companies have been affected by rising fuel prices, border closur...
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Format: | Report |
Language: | English |
Published: |
Washington, DC: World Bank
2022
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/099045004062222979/P1775400655744061094c1049b1d5d25a22 http://hdl.handle.net/10986/37426 |
Summary: | Transport and logistics services in
Myanmar have been substantially hit by the impacts of the
February 2021 coup and the surge in Coronavirus disease 2019
(COVID-19) cases. Logistics companies have been affected by
rising fuel prices, border closures, and a shortage of
shipping containers. While the initial effects after the
military coup on the transport sector were extremely severe,
there have been signs of some recovery of transport services
since May 2021. Public transport in Yangon experienced a
significant reduction in passenger demand in early months
after the coup, subsequently recovering some ground by
December 2021. Higher fuel prices and currency liquidity
shortages significantly increased the cost of inland
transport services. Transportation and logistics services
are expected to be severely impacted by continuing high fuel
prices, mobility constrains, political instability, and
evolution of the pandemic. The export and import via
container are expected to recover gradually due to
agricultural and garment industry-led demand. However,
improvement of exports and imports in the medium term is
uncertain given the complexity of trade relations with
international trade partners. In addition to effects of the
coup and political conflicts, risks related to the pandemic
will also significantly impact logistics supply chains and
mobility in the near to mid-term. |
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