August 19, 2016

Old IWT vessels to be sold through open tender

An old IWT vessel being seen cruising in the river.
An old IWT vessel being seen cruising in the river.

Three applicants have been received so far for participating in sales of old vessels with an open tender, according to the Inland Water Transport.
Thirty-five old vessels that are no longer used by the Inland Water Transport (IWT) will be sold through an open tender, said an official from the IWT, which is under the Ministry of Transport and Communication.
The department has accepted applications as of May 17.
These more than 70-year old vessels and barges are not operable, so they will be sold in an open tender system on 7 June.
The department also sold 70 vessels through an open tender last year.
“Among those who competed in the tender sales, majority wanted to get some parts of water crafts. Just some wanted to run again after repair” said a Deputy General Manager of the IWT.
These old vessels are from the five branches of the Inland Water Transport. The IWT has been operating the vessels on 11 routes from the delta branch, two routes from the Ayeyawady branch and one route each from the Chindwin, Rakhine and Thanlyin branches.


Zaw Gyi


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