Adani Ports to exit Myanmar investment by June next year

03.11.2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year.

APSEZ, the largest port developer in India, is part of the globally diversified Adani Group.

"The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

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