KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two of Myanmar’s first dry port projects in Ywar Thar Gyi, Yangon. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains will run from Ywar Thargyi to a second dry port in Myit Nge, Mandalay, which KM will also own and operate. RG have invested over US$ 50 million (MMK 78 billion) in both ports. KM is a joint venture company that is 70 percent owned by Kerry Logistics and 30 percent owned by Mother Logistics, its local partner. The Ywar Thar Gyi dry port in Yangon and Myit Nge dry port in Mandalay are strategically located in the center of Myanmar. It will support trade between lower and upper Myanmar tremendously. “Our Yangon dry port will now be linked by road and railway to our Mandalay Myit Nge dry port, which started operations since May,” said U Nyi Htut, general manager of KM. U Myint Maw, managing director of RG, said the ports will help to streamline trade flows and decrease logistics costs.