Wednesday, April 2, 2025

India hopeful Kaladan project will boost NE economy

Date:

Share post:

New Delhi: The Kaladan multi-model project, beining financed by India to link Myanmar with Mizoram through the Sittwe port, will boost economy of northeastern region by facilitating easy and cheap transport of goods to landlocked states, Union Minister Paban Singh Ghatowar said here.

The Minister for Development of North Eastern Region (DoNER), speaking at the India-Bangladesh dialogue, said cost of transportation of goods to the region will come down significantly once the project is completed. India is implementing the Kaladan multi-modal transport project that involves upgrading the Sittwe port and constructing a highway to connect the town of Paletwa in Chin state to Mizoram.

Indian conglomerate Essar Group is building the port on 70,000 square metres of landfill in Sittwe’s centre where the port will accommodate ships from Kolkata, a 539-km journey across Bay of Bengal and handle up to 500,000 tonnes a year.

From Sittwe, ships will sail up the Kaladan River to the town of Paletwa, where Essar will build a second and a smaller port.

A 122-km highway will connect Paletwa to Mizoram. The two countries had agreed on Kaladan project in April 2008 and work began on Sittwe port in September 2010.

The region is India’s gateway to North and Southeast Asia as it has borders with China, Myanmar, Bhutan and Bangladesh, he said. Implementation of the Trilateral Highway connecting North East with Myanmar and Thailand would help economy of the region to a great extent. (PTI)

Related articles

GI tag for Meghalaya’s Ryndia, boon to state’s indigenous textiles

  Shillong, April 2: A new chapter for Meghalaya’s Ryndia & Meghalaya Textiles commences, as the state has secured...

Solar fences lifeline to education at schools vulnerable to invasion by wild elephants

Guwahati, April 2:  The normal course of life of common people is severely affected when human elephant conflict...

Centre gets record dividend of Rs 74,106 crore from PSUs

New Delhi, April 2: The government has received a record Rs 74,016 crore as dividends from Central public...

Bangladesh: Over 100 hospitalised after eating contaminated street food

Dhaka, April 2: Over 100 people, including children, in Bangladesh fell severely ill after eating contaminated street food...