Traders are demanding that the roads in the Kinchaung Economic Zone be reopened and reopened to speed up trade on the Burma-Bangladesh border, but that they be rehabilitated so that they can be used for a long time.
Traders say the Kinchaung economic zone has resumed trade since December 14 to speed up trade on the Maungdaw border in Rakhine State, but the roads need to be strong until the rainy season.
There is not enough motorboats to export goods from Bangladesh to Maungdaw Port POE. The Kinchaung Economic Zone was allowed to resume trade on December 14 to speed up trade as it waited for the tide to rise and blocked the flow of goods from the mainland.
Trader Mamati Solim said, “Trade from Maungdaw port is slow due to the influx of goods and the lack of motorboats. In other words, companies do not have enough motorboats, so traders are having a hard time. Trade from Maungdaw is more expensive.”
Maungdaw border trade began on April 13 at the Kin Chaung Economic Zone, and was re-traded at the POE exit of Maungdaw Boat Seat No. 1 due to severe damage to roads.
However, due to the rising and falling tides, trade has been temporarily repaired and the road to Kin Chaung Economic Zone has been temporarily closed due to the blockade of goods due to the influx of goods.
A Maungdaw border trader said, “Yes. “We can trade in the open season, but we need to strengthen roads to be able to trade in the rainy season.”
The Kin Chaung Economic Zone, about 4 miles from Maungdaw, is designed to boost Myanmar-Bangladesh trade and create a seller market for Bangladesh, as the tide can be traded 24 hours a day.
The Maungdaw border trade point is a one-dollar border trade point and can handle up to $ 1 million a day, according to officials.
The Kyin Chaung Economic Zone was jointly implemented by the state government and Kin Chaung Economic Development Co., Ltd. with 25,000 lakh kyats from the government and 13,400 lakh kyats from the private sector, totaling 38,400 lakh kyats, and about 50 acres of land from the 2015-2016 fiscal year.
