Pyay is principal town of Pyay Township in the Bago Region in Myanmar. Pyay is located on the bank of the Irrawaddy River, 260 km (160 mi) north-west of Yangon. It is an important trade center for the Ayeyarwady Delta, Central and Upper Myanmar and the Rakhine (Arakan) State. The British Irrawaddy Flotilla Company established the current town in the late 19th century on the Irrawaddy as a transshipment point for cargo between Upper and Lower Burma